Andean doubles Share Purchase Plan due to strong demand
Filed with ASX · · 3 pages · English
Summary by 6ix AI
The funds raised will be used to accelerate drilling programs at the Cerro Bayo Silver-Gold Project and support project studies and land acquisitions. The strong interest required the company to scale back valid applications to ensure an equitable outcome for shareholders.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Andean Silver
- Cerro Bayo drilling extends high-grade mineralisation
- Successful $30m Placement plus SPP
- Trading Halt
- High-grade assays show Cerro Bayo poised for further growth
- High-grade silver & gold intersections extend mineralisation
Later from Andean Silver
- Quarterly Activities/Appendix 5B Cash Flow Report
- Drilling continues to intersect high-grade at Cerro Bayo
- Leadership Appointments
- Andean included in globally-recognised GDXJ fund
- Drilling results pave way for growth in Resource Confidence
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