Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Financings

Andina Copper arranges $20-million in financings

By The Northwire Desk — AI Analysis Feb 20, 2026 · 14:36 ANDC · 0.85 Andina Copper Corporation
ANDC · Price

Executive Summary

  • Andina Copper Corp. announced a $20 million aggregate financing comprising a LIFE offering and a concurrent non-brokered private placement.
  • The company will issue 25 million common shares at $0.80 per share to raise the capital.
  • Net proceeds will be allocated to exploration at the Piuquenes and Cobrasco projects, working capital, and general corporate purposes.

Key Details

  • Aggregate Gross Proceeds: $20 million ($10 million LIFE offering + $10 million concurrent private placement)
  • Shares Issued: 25 million common shares total (12.5 million per tranche)
  • Price Per Share: $0.80
  • Finders' Fees: Up to 6% cash payable in connection with the offerings
  • Use of Proceeds: Exploration at Piuquenes and Cobrasco projects, working capital, and general corporate purposes
  • LIFE Offering Terms: Offered in all Canadian provinces except Quebec under the listed issuer financing exemption (NI 45-106 Part 5A); exempt from Canadian hold periods
  • Non-LIFE Offering Terms: Offered to Canadian residents under other prospectus exemptions and outside Canada on a private placement basis; subject to a 4-month-and-1-day hold period
  • Closing Date: Scheduled on or around March 6, 2026
  • Regulatory Conditions: Subject to customary conditions, including compliance with TSX Venture Exchange policies
  • Documentation: Offering document available on SEDAR+ and the company website
Read the original news release →

More from Andina Copper Corporation

Nov 05, 2026 · 06:01

Andina confirmed high-grade copper core in CDH013, although the intercept width was narrower than previous results.

Drill Results Sep 23, 2026 · 07:00

Andina confirms 0.51% copper at a new pad, expanding the deposit footprint by 100 metres.

Drill Results Aug 25, 2026 · 06:00

Andina’s Cobrasco depth confirmation aligns with expectations, with no lateral step-out to re-rate the deposit.

Drill Results Aug 11, 2026 · 06:00

Andina Copper Intersects 264m at 0.63% Cu from 36m within 504m at 0.48% Cu, Further Expands Mineralized Footprint

Drill Results Jul 08, 2026 · 06:00

Andina’s Piuquenes North assays confirm a third porphyry with 468m at 0.50% Cu and a high-grade core.

Drill Results Jun 24, 2026 · 06:00

Andina Copper drilled wide, low-grade copper-molybdenum intercepts at the Cobrasco Porphyry project, expanding its northwest zone.

Drill Results