Inca Minerals Ltd extends rights issue closing date and directors' participation

Inca Minerals Limited (ASX: $ICG) has extended the closing date for its renounceable rights issue by one week, from 5 March 2024 to 12 March 204. The directors have demonstrated their confidence in the company by electing to fully participate in the Rights Issue, raising approximately $311,000.

Directors' commitment and shareholder feedback

The directors' decision to fully participate in the Rights Issue reflects their commitment to Inca Minerals and their confidence in the potential upside of the company's projects. The extension of the closing date was made in response to shareholder feedback, ensuring that shareholders have sufficient time and opportunity to participate in the Rights Issue.

Outlook for the Rights Issue and shareholder participation

Inca Minerals' decision to extend the closing date for the Rights Issue demonstrates the company's commitment to providing shareholders with ample opportunity to participate. The directors' full participation in the Rights Issue further underscores their confidence in the company's projects. Shareholders are encouraged to carefully consider the prospectus and the instructions on the entitlement and acceptance form in deciding whether to acquire securities under the Rights Issue.