Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) announced a non-brokered private placement of 6 million shares at a price of C$0.50 per share.
The press release is quoted as saying:
Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) is an international mining and exploration company focused on growth. The Company is actively pursuing new targets of potential early stage gold and silver prospects in Peru and currently has two key assets: the 28,200 hectare Invicta gold-silver-copper advanced exploration stage project; 59% of Sinchao Metals Corp., owner of the Sinchao zinc-copper-silver-gold-lead mineralization project.
