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To: Veteran98 who wrote (204897)10/27/2011 1:15:28 PM
From: Veteran98  Respond to of 312903
 
ADM as high .96 today .... finally getting that "bounce"......



To: Veteran98 who wrote (204897)11/4/2011 10:06:57 AM
From: Veteran98  Read Replies (1) | Respond to of 312903
 
ADM taking a page out of the EAS playbook.... cheap shares for the privileged... maybe a bigger bounce coming here as well.....

Andina Minerals completes $15-million private placement....
2011-11-03 09:45 MT - News Release

Mr. George Bee reports

ANDINA ANNOUNCES CAD$15 MILLION NON-BROKERED PRIVATE PLACEMENT FINANCING

After having reached agreement on pricing and terms on Oct. 21, 2011, Andina Minerals Inc. has completed a non-brokered private placement financing totalling 18.75 million units at a price 80 cents per unit for gross proceeds of $15-million.

Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share of Andina at a price of $1 for a period of 12 months from closing. No finders' fee will be paid in respect of this private placement.

The company intends to use the net proceeds of the offering for continued advancement of the company's Volcan gold project, including completion of the feasibility study and obtaining operating permits, and for general corporate purposes.

The offering was placed with existing shareholders who have been long-standing supporters of Andina.