Novus Capital Limited is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.
|Issuer||Andean Mining Limited ABN 98 625 466 006|
Raising between $6m and $7m @ 20c per share to fund drilling aiming to define a maiden JORC resource at El Dovio
|Lead Broker||Novus Capital Limited|
Indicative Time Table (subject to change)
|Lodgement of the Prospectus||October 26|
|Opening of the Offer||November 2|
|Expected Close||November 30|
|Listing on ASX||December 15|
Brief Company Summary
Andean has acquired 100% ownership of the high-grade copper/gold El Dovio VMS project in Colombia from Newrange Gold Corp of Canada.
The EL DOVIO project is an advanced exploration project that hosts a high-grade copper/gold Volcanogenic Massive Sulphide (VMS) system located in the Department of Valle del Cauca, Colombia.
Management has an excellent track record of discoveries and mine development
MD has years of experience in South America in particular Columbia
Columbia rated by the Fraser Institute as one of the best locations for Mining in Latin America
El Dovio Project is well located in terms of infrastructure
Gavan Farley - email@example.com +61 420 520 300 or
Wayne Rossiter firstname.lastname@example.org +61 420 959 304