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NWC) share price is tanking



The New World Resources (ASX: NWC) share price plunged in today’s trading session. This comes after the company has emerged from a trading halt. The sell-off follows a slew of announcements released by the company earlier today.

The New World share price last traded at 11 cents before entering a trading halt on Monday. Shares in the company are down 9.09%, trading at 10 cents each at the time of writing. Earlier today, shares hit an intra-day low of 9.9 cents.

Here’s what New World Resources announced and how it has influenced the company’s share price.

Capital raise announcement

Earlier this week, shares in New World were placed in a

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