Los Andes Copper Ltd. has announced today that it has closed its previously announced bought deal offering . Pursuant to the Offering, Los Andes sold 800,000 common shares at a price of $12.55 per Common Share for aggregate gross proceeds of $10 million. The Company intends to use the net proceeds of the Offering to advance the Vizcachitas Project [...]
Los Andes Copper Ltd. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 800,000 common shares , at a price of $12.55 per Common Share for gross proceeds of $10 million . The Company has granted the Underwriters [...]
Los Andes Copper Ltd. wholly owned subsidiary Compañia Minera Vizcachitas Holding was notified, last Friday December 9, of a lawsuit filed by 24 individuals in the Environmental Court. The lawsuit relates, among other allegations, mainly to alleged environmental damage resulting from 82 exploration drillholes carried out between 2007 and 2017. The [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000, US$4,000,000 and US$5,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021, April 4, 2022 and September 2, 2022 the Company has elected to issue 10,172 common shares in the capital of the Company at a deemed [...]
Los Andes Copper Ltd. advises that Santiago Montt has been appointed as the Interim CEO of the Company, effective November 1, 2022. Mr. Montt previously served the Company as its COO, in which position he has been responsible for the Company's operations in Chile. Mr. Montt is a global mining executive with vast experience in leading teams in [...]
Los Andes Copper Ltd. , is pleased to report on progress on its Vizcachitas large-scale copper project in Chile. The Pre-Feasibility study, continues to advance with the completion of the initial resource model for mine plan optimization. General engineering work, infrastructure planning, plant design and environmental considerations are all on [...]
Desalinated Water Agreement Advanced as Part of Pre-Feasibility Planning Los Andes Copper Ltd. is pleased to report on progress on its Vizcachitas large-scale copper project in Chile. A letter of intent has been signed with Desala Petorca SPA to work on the project option to use desalinated seawater for the project . Desala is a firm dedicated to [...]
Los Andes Copper Ltd. is pleased to report the closing and funding of the US$5,000,000Convertible Debenture issued to Queen's Road Capital Investment Ltd. announced on August 25, 2022. The Convertible Debenture has a five-year term, carries an eight per cent coupon and is convertible into common shares in the capital of the Company at a share price [...]
Los Andes Copper Ltd. announces that in accordance with the terms of the US$5,000,000 and US$4,000,000 eight per cent convertible debentures issued to Queen's Road Capital Investment Ltd. on June 2, 2021 and April 4, 2022 the Company has elected to issue 7,743 common shares in the capital of the Company at a deemed price of US$11.17 to Queen's Road [...]
Los Andes Copper Ltd. is pleased to announce that it has entered into an agreement with Queen's Road Capital Investment Ltd. whereby Queen's Road Capital will invest a further US$5,000,000 in Los Andes by way of an additional convertible debenture . The proceeds received from this capital raise will be allocated towards, expansion drilling at the [...]
Los Andes Copper Ltd. is pleased to report that on July 20, 2022, the Second Environmental Court in Chile revised the preliminary injunction issued on March 18, 2022 that suspended drilling. The Court decided that drilling can continue, with certain restrictions, at the Vizcachitas Copper Project under the Company's environmental license. Following [...]
Los Andes Copper Ltd. announces the passing of former Executive Chairman, Fernando Porcile. The Directors and employees of Los Andes Copper would like to extend their sincerest condolences to Fernando's family and friends. Fernando's integrity and character were an example to many. His uncompromised commitment to doing the right thing, compassion [...]
