Controlled Placement Agreement and Cleansing NoticeControlled Placement Agreement • December 22nd, 2017
Contract Type FiledDecember 22nd, 2017Inca Minerals Limited (Inca or Company) is pleased to advise it has renewed its Controlled Placement Agreement (CPA) with Acuity Capital Investment Management Pty Ltd (Acuity) (previously announced 25 March 2015 and 14 November 2016). As collateral for renewal of the CPA, Inca has agreed to place 70,000,000 fully paid ordinary shares from its ASX 7.1 (15%) capacity, at nil consideration, to Acuity (Collateral Shares) but Inca may, at any time, cancel the CPA and buy back the Collateral Shares for nil consideration (subject to shareholder approval).