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Inca Minerals Limited ( (AU:ICG) ) has shared an announcement.
Inca Minerals Limited has announced the completion of its off-market takeover bid for Stunalara Metals Limited, having received acceptances for 94.13% of Stunalara shares. The company plans to proceed with the compulsory acquisition of the remaining shares, as it has met the necessary interest thresholds under the Corporations Act 2001. This strategic move is expected to strengthen Inca’s position in the mining sector by expanding its asset base and enhancing its operational capabilities.
More about Inca Minerals Limited
Inca Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in acquiring and developing mining projects, with a market focus on expanding its portfolio through strategic acquisitions.
Average Trading Volume: 5,000
Technical Sentiment Signal: Buy
Current Market Cap: A$14.55M
For detailed information about ICG stock, go to TipRanks’ Stock Analysis page.