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Andean Silver Raises A$40 Million to Accelerate Cerro Bayo Restart and Resource Growth
9:30am on Wednesday 2nd of September, 2026 AEST
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Mining
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Andean Silver Raises A$40 Million to Accelerate Cerro Bayo Restart and Resource Growth
9:30am on Wednesday 2nd of September, 2026 AEST
Key Points
A$40 million placement priced at A$2.45 per share
Pro-forma cash position of approximately A$82.7 million
Six drilling rigs active targeting resource upgrade and growth
Scoping study due early 2027, feasibility study by end 2027
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Andean Silver (ASX:ASL)
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