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Inca Minerals Targets High-Grade Gold with $1.8M Stunalara Takeover Bid
5:35pm on Sunday 1st of June, 2025 AEST
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Inca Minerals Targets High-Grade Gold with $1.8M Stunalara Takeover Bid
5:35pm on Sunday 1st of June, 2025 AEST
Key Points
Inca offers ~300 million shares (~22.6% post-bid) to acquire Stunalara Metals
Stunalara’s Hurricane Project features multiple undrilled high-grade gold and gold-antimony prospects
Bid valued at approximately $1.8 million based on Inca’s share price of $0.006
Offer contingent on at least 90% shareholder acceptance and independent expert’s fairness report
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