Los Andes Announces Closing of Private Placement
30 Dicembre 2011 - 10:09PM
Marketwired Canada
Los Andes Copper Ltd. ("Los Andes", or the "Company") (TSX
VENTURE:LA)(PINKSHEETS:LSANF) is pleased to announce the Company has closed its
previously announced non-brokered private placement of 2,000,000 shares priced
at $0.38 per share for gross proceeds of $760,000.
All securities issued pursuant to the private placement will be subject to a
hold period of four months and one day expiring on May 1, 2012. The proceeds of
the private placement will be used to fund exploration and development work on
the Company's Vizcachitas project, and for general working capital purposes.
This document contains certain forward looking statements which involve known
and unknown risks, delays and uncertainties not under the Company's control
which may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or expectation implied by
these forward looking statements.
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