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Andean Silver Raises $33M to Accelerate Cerro Bayo Drilling and Growth
9:55am on Monday 8th of December, 2025 AEDT
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Mining
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Andean Silver Raises $33M to Accelerate Cerro Bayo Drilling and Growth
9:55am on Monday 8th of December, 2025 AEDT
Key Points
A$30 million placement at A$1.85 per share with 11.5% discount
Additional A$3 million targeted through a non-underwritten Share Purchase Plan
Funds to accelerate drilling, resource growth, exploration, and permitting
Plans to deliver a resource upgrade and advance capital-light restart in 2026
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ANDEAN SILVER (ASX:ASL)
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