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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (205823)11/4/2011 11:46:32 AM
From: bull_dozer  Read Replies (1) | Respond to of 312908
 
>> cheap shares for the privileged...

At the expense of current bagholders....<G>

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.