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ROKEBY RESOURCES LIMITED — Capital/Financing Update 2017
Jul 4, 2017
65707_rns_2017-07-04_b9bb8865-f2d5-49d5-b014-5e10290c2798.pdf
Capital/Financing Update
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5 July 2017
SHARE PLACEMENT
Inca Minerals Limited ( Inca or Company ) has entered into binding arrangements to place 18,212,110 fully paid ordinary shares, at an average issue price of 1.487 cents per share (before raising costs) ( Placement ). The Company’s shares [ASX: ICG] closed at 1.0 cent per share immediately prior to this Placement announcement.
The Placement was made to Acuity Capital and, subject to receipt of all application monies, will raise a total of $250,000 (net of all raising costs). The additional capital may be used to fund further drilling and exploration at the Company’s Zinc-Silver-Lead Riqueza project in Peru and/or working capital. “We are pleased to have raised capital at a significant premium” says Inca’s Managing Director, Mr Ross Brown. “With drilling in its infancy and the greater Riqueza project area expanding through the recent granting of three new concessions, this additional capital is well received”.
The Placement will be completed using part of Inca’s share placement capacity as approved by shareholders at the Company’s Annual General Meeting on 29 November 2016 and pursuant to ASX Listing Rules 7.1 and 7.3.
Justin Walawski Director & Company Secretary
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Suite 1/16 Nicholson Road, Subiaco, WA 6008 • PO BOX 38, West Perth, WA 6872 Telephone: +61 (08) 6145 0300 • ABN: 36 128 512 907 Website: www.incaminerals.com.au