Arequipa, Peru, October 13, 2012 --(PR.com
)-- Inca Peruvian Mining Ltd. (Inca Mining or the Company) is pleased to report that it intends to begin its listing process on a recognized Stock Exchange within the next 21 days.
The exchange that the Company would have its shares quoted on is the GXG Markets, A part of the Global Exchange Group, which is regulated by Finanstilsynet, the Danish Financial Supervisory Authority. This exchange offers a transparent, global market place, where small and medium-sized companies can find necessary capital in order to grow.
Settlement on this exchange is managed through either CLEARSTREAM or CREST which gives shareholders the ability to quickly liquidate, decrease or increase their holding electronically through a regulated bank or stock broker.
The Company believes that by listing on this exchange it will give them access to a broader scope of investors and also give its existing shareholders peace of mind with regards to an exit strategy.
Although Inca Mining hopes that its existing shareholders will continue to see the longer term outlook, seeking growth on the back of its investments made at the gold mine in Peru, they are optimistic in terms of their listing price. With the majority of its shareholders owning shares purchased at or above €0.50 per share, the company believes that based on certain factors, including but not limited to; current assets, projected income and issued share capital, that the pre IPO price was reasonable and furthermore, they hope that their shareholders will witness a higher opening price on the Stock Exchange.
About Inca Peruvian Mining Ltd.
Inca Peruvian Mining Ltd. is a South American mining company that specializes in gold, silver and copper mines with the intention to invest and seek out niche markets that focuses on low risk, with immediate cash flow through joint venture contracts.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
Inca Peruvian Mining Ltd. is not a financial advisor and is not in the business of providing financial advice, as such any information contained in this press release specific to financial markets, or the company's future share price should not be considered as advice or advertising for an investment. The information provided is reported as the beliefs or intentions of the Company at the time of publication.