Hochschild Mining and Andina Minerals today announced that 1710503 Alberta Ltd., a wholly-owned subsidiary of Hochschild Mining plc, has completed its previously announced compulsory acquisition under the Business Corporations Act (Alberta) of all of the outstanding Andina common shares ("Andina Shares") not already owned by it following its [...]
Andina Minerals announced that Hochschild Mining through its wholly owned subsidiary, 1710503 Alberta has, since the initial extension of its November 16, 2012 offer to acquire all of the outstanding common shares of Andina for CAD $0.80 per Share in cash on December 28, 2012, received to date tenders of an additional 5,308,672 Shares. The Offeror [...]
Hochschild Mining is pleased to announce that its wholly owned subsidiary, 1710503 Alberta Ltd. has, since the initial extension of its November 16, 2012 offer to acquire all of the outstanding common shares of Andina Minerals for CAD $0.80 per Share in cash on December 28, 2012, received to date tenders of an additional 5,308,672 Shares. The [...]
Andina Minerals announced that due to the change of control of Andina, as a result of Hochschild Mining through its wholly owned subsidiary, 1710503 Alberta Ltd. acquiring 112,124,252 Shares, representing approximately 81.4% of the outstanding Shares of Andina on a fully-diluted basis (see Hochschild press release dated December 28, 2012), George [...]
The shareholders of Andina Minerals have accepted the offer made November 16, 2012, whereby the company will be acquired by Hochschild Mining. Shareholders of Andina Minerals will receive $CDN0.80 cash per share held. Andina Minerals will be removed from the S&P/TSX Venture Composite Index after the close of Monday, December 31, 2012.About S&P Dow [...]
Hochschild is pleased to announce that its wholly owned subsidiary, 1710503 Alberta has, pursuant to its November 16, 2012 offer to acquire all of the outstanding common shares of Andina Minerals for CAD $0.80 per Share in cash, received to date tenders of 112,124,252 Shares, representing approximately 81.4% of the outstanding Shares on a [...]
Hochschild Mining and Andina Minerals today announced the mailing to Andina shareholders of Hochschild's offer and take-over bid circular and Andina's directors' circular, in connection with the previously announced recommended all-cash offer to be made by Hochschild for all of the issued and outstanding common shares of Andina. Under the Offer [...]
Andina is pleased to announce that it has entered into a binding agreement with Hochschild Mining pursuant to which Hochschild has agreed, subject to the terms of the Support Agreement, to make an offer to purchase all of the outstanding common shares of Andina by way of a friendly take-over bid at a price of C$0.80 per share in cash. The Offer [...]
Andina today announced that, having advanced through the initial evaluation stage of the Company's recently submitted Environmental Impact Assessment for the Volcan Gold Project the EIA evaluation continues. Environmental evaluation is coordinated by the Servicio de Evaluacion Ambiental and the progress announced today is based on receipt of [...]
Andina today announced that it has submitted an EIA for the Volcan Gold Project to the Chilean environmental authority, SEA, who will evaluate the submission via SEIA. George Bee, President and CEO stated, "Submission of the EIA is a major milestone for Andina as we get the Volcan project "shovel ready." The EIA is the culmination of three years of [...]
Andina Minerals wishes to update the market on progress made during the first quarter of 2012 on the Company's Volcan project. "Our environmental permitting and engineering teams have made significant progress advancing their respective studies in 2012," said George Bee, President and CEO. "Our metallurgical work program in support of a feasibility [...]
Andina Minerals today announced that, effective immediately, Dr. Annick Chouinard has been appointed Vice President of Exploration. Dr. Chouinard earned her Ph.D. (2003) in geology from McGill University in Montreal, Canada. Her dissertation encompassed the study of geology and geochemistry of alteration and gold-silver-copper (Au-Ag-Cu [...]
