Financings
Andina Copper closes $3.02-million private placement

ANDC · Price
Executive Summary
- Andina Copper Corp. closed a private placement of 7.55 million shares at C$0.40 per share, generating gross proceeds of approximately $3.02 million.
- The company incurred aggregate finder’s fees of $24,000 related to the offering.
- Proceeds are expected to fund ongoing exploration activities on its copper projects in Argentina, Colombia and Chile.
Key Details
- Shares Issued: 7,550,000 common shares.
- Price per Share: C$0.40.
- Gross Proceeds: Approximately $3.02 million CAD.
- Finder’s Fees Paid: $24,000 (aggregate).
- Use of Proceeds: To support exploration and development of Andina Copper’s flagship copper‑gold projects in the Andes region (Argentina, Colombia, Chile).
- Listing Exchanges: Canadian Securities Exchange (CSE: ANDC), Frankfurt Stock Exchange (FSE: FIR), OTCQB (PMMCF).
Notable Quotes
(No direct quotes were provided in the release.)
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