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Inca Minerals Secures Majority Stake in Stunalara Metals

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Inca Minerals Secures Majority Stake in Stunalara Metals

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Inca Minerals Limited ( (AU:ICG) ) has provided an update.

Inca Minerals Limited has successfully secured 92.41% of Stunalara Metals Limited’s shares, surpassing the 90% threshold required for compulsory acquisition. The company plans to acquire the remaining shares, consolidating its control over Stunalara and potentially strengthening its position in the mining sector.

More about Inca Minerals Limited

Inca Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in acquiring and managing mining assets, 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

Find detailed analytics on ICG stock on TipRanks’ Stock Analysis page.

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