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ROKEBY RESOURCES LIMITED — Capital/Financing Update 2017
Dec 7, 2017
65707_rns_2017-12-07_68a1b39d-2f94-4b72-80da-61c49fa6dd03.pdf
Capital/Financing Update
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8 December 2017
Successful Inca Capital Raising
Inca Minerals Limited ( Inca or Company ) has successfully completed its recently announced rights issue under the Prospectus dated 26 October 2017 ( Prospectus ) and raised in excess of $960,000 (before associated costs).
Under the Prospectus, eligible shareholders were invited to subscribe to a non-renounceable pro-rata entitlement offer on the basis of 1 new share for every 4 shares held by Inca shareholders on the record date at an issue price of $0.006 per new share.
Inca advises a 28% take-up of the offers under the Prospectus having received total applications for 160,611,625 new shares and leaving a shortfall of 415,502,592 shares. The Company expects to issue the new shares on or before 12 December 2017 as per the indicative timetable announced 23 November 2017.
Proceeds from the rights issue will provide funding to support the planned exploration programs at the Company’s Riqueza and Cerro Rayas projects in Peru and for additional working capital. The Directors thank the Company’s shareholders who provided support and the funds needed for the Company’s upcoming exploration programs.
Justin Walawski Director & Company Secretary.
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Suite 1, 16 Nicholson Road, Subiaco, Western Australia 6008 • PO BOX 38, West Perth, 6872 Telephone: +61 (08) 6145 0300 • ABN: 36 128 512 907 Website: www.incaminerals.com.au