Mineral explorer and developer Andean Silver has launched a $30 million capital raising to fund its drilling efforts at the Cerro Bayo silver-gold mine in southern Chile.
The $389 million market cap company, formerly Mitre Mining, was offering new shares at $1.85 – an 11.5 per cent discount to the last close – via broker syndicate, Canaccord Genuity and Euroz Hartleys.
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