ASX-ICG Materials

Inca Minerals Limited (ASX:ICG) Lodges Supplementary Bidder’s Statement

ClubAI 3:38 pm

Takeover Offer Update

Inca Minerals Limited has lodged a Supplementary Bidder’s Statement with the Australian Securities and Investments Commission (ASIC) concerning its off-market takeover offer for Stunalara Metals Limited shares. This update amends the existing Bidder’s Statement lodged on 25 February 2025.

Changes to Director Recommendations

The supplementary statement clarifies that director Andrew Haythorpe will not provide a recommendation to Stunalara shareholders. Instead, only independent directors Campbell Smyth and Mark Lester will recommend acceptance of the offer, pending no superior proposal and positive assessments from the Independent Expert.

Additional Announcements

Since the initial Bidder’s Statement, Inca Minerals has made several announcements, including the dispatch of the Bidder’s Statement on 4 March 2025 and the proposed issue of securities on 25 February 2025.

Consents and Authorisation

The company confirms that all consents remain unchanged and the supplementary statement has been approved by a unanimous resolution of Inca Minerals’ directors.

View Original Announcement

here

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