New World Resources N.V. has recommended a share offer

Existing NWR has recommended a share offer under which New NWR will acquire the entire issued and to be issued “A” ordinary shares in the capital of Existing NWR (the “Existing A Shares”). The Offer is being made in connection with the proposed reincorporation of the New World Resources Group (the “NWR Group”) to the United Kingdom by the introduction of New NWR as the new holding company for the NWR Group (the “Reincorporation”).

More details here.