April 29, 2024

Milpo to take over Inca Pacific

VANCOUVER - Minera Milpo SAA is bidding to acquire Inca Pacific Resources Inc. (TSXV:IPR) for 61 cents per share in cash under a $ 35-million friendly takeover agreement announced Tuesday.Inca Pacific shares gained 26 cents or 79 per cent to trade at 59 cents after trading resumed, suggesting investors didn't expect a higher offer to come forward. … [Read more...]