Another PP
They seem to be doing ok getting more money.
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Inca One arranges 1.91-million-share private placement
2013-12-17 20:02 ET - News Release
Mr. Edward Kelly reports
INCA ONE ANNOUNCES PRIVATE PLACEMENT
Inca One Resources Corp. has arranged a private placement of 1,915,500 shares at 10 cents per share, which shares will be issued to parties, including an officer of the company, who have sold previously an equivalent number of common shares of the company at a price of 10 cents per share through the facilities of the TSX Venture Exchange. The company has agreed to reimburse the subscribers for the cost of the sale of their shares in the market.
The net proceeds from the placement will be used to advance the development of the company's Chala One milling facility in Peru.
The shares to be issued will be subject to a four-month hold period. The placement is subject to the approval of the TSX Venture Exchange.
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