Mr. Edward Kelly reports
INCA ONE COMPLETES FIRST TRANCHE OF PRIVATE PLACEMENT
Inca One Resources Corp., further to its news release on Oct. 22, 2013, has closed the first tranche of its non-brokered private placement financing. Under the first tranche, the company has sold $420,000 in notes.
The net proceeds from the lock box offering will be used exclusively to finance the acquisition of high-grade ore from small-scale miners and processed at the company's Chala One milling facility.
Closing of a second tranche is anticipated to take place shortly.
The company has paid a finder a cash commission of 5 per cent of certain proceeds and issued finder warrants.
We seek Safe Harbor.
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