INCA SIGNS EXCLUSIVE EARN-IN OPTION WITH SOUTH32 “RIQUEZA SEEMS CERTAIN TO RECEIVE A SIGNIFICANT RE-RATE” HIGHLIGHTS: EXCLUSIVE OPTION AGREEMENT ▪ South32 funds US$275,000 (Funding Amount) geophysical survey at Inca’s Greater Riqueza project (Project or Riqueza). ▪ Funding Amount covers Project-wide aeromagnetic, radiometric and digital terrain model survey inclusive of interpretation and target generation (AMAG-RAD). ▪ As consideration for Funding Amount, Inca grants South32: o An exclusive option to earn-in and acquire majority ownership of the Project on terms to be agreed (Option 1) and, if Option 1 is exercised but earn-in agreement not executed; o An exclusive option to match any other bona fide offer for Project or part thereof (Option 2). ▪ Inca and South32 agree key earn-in conditions and principles up front
Add ICG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $5.133M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $4.869K | 973.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1473454 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 3149226 | 8 |
View Market Depth
| Last trade - 11.33am 15/11/2024 (20 minute delay) ? |
| ICG (ASX) Chart |