March 24/10 – Andean American announced a $3 million non-brokered private placement at $0.40. These funds will be used to advance the gold Invicta project and general working capital.
Category: Junior Mining
Sinchao Metals Announced a $1 Million Private Placement
Today Sinchao Metals announced a $1 million financing. These funds will go towards advancing the Sinchao project and general working capital.
Andean American Mining Update
Andean American is awaiting an updated Feasibility Study to reflect the increased resource estimate. Barclays Capital and WestLB AG have been engaged as joint lead arrangers for debt financing of US $68 million to move the gold-copper-silver Invicta project into production.
Yankee Hat
Yankee Hat is experiencing big volume and share price increase.