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Why Did Andean Silver Double Its Share Purchase Plan to A$6 Million?
9:48am on Tuesday 6th of January, 2026 AEDT
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Mining
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Why Did Andean Silver Double Its Share Purchase Plan to A$6 Million?
9:48am on Tuesday 6th of January, 2026 AEDT
Key Points
SPP doubled from A$3m to A$6m due to strong shareholder interest
Total capital raised including placement reaches A$36m before costs
Funds earmarked for accelerated drilling, resource growth, and land acquisitions
Participation rate of 26% among eligible shareholders with scale-back applied
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Andean Silver (ASX:ASL)
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