Andina Copper Announces LIFE Offering and Concurrent Financing for an Aggregate of $20m

The newswire.ca
2026.02.20 11:30
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Andina Copper Corp. has announced a non-brokered private placement under the Listed Issuer Financing Exemption, aiming to raise $10 million through the sale of 12.5 million common shares at $0.80 each. Concurrently, the company will conduct another private placement for an additional $10 million under different exemptions. The total proceeds of $20 million will be used for exploration at its Piuquenes and Cobrasco Projects, as well as for working capital. The LIFE Offering is expected to close around March 6, 2026.