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LA Los Andes Copper Ltd

9.90
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Los Andes Copper Ltd TSXV:LA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 9.90 9.85 10.10 0 01:00:00

Los Andes Announces Warrant Exercise

15/08/2012 10:29pm

Marketwired Canada


NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Los Andes Copper Ltd. ("Los Andes", or the "Company") (TSX VENTURE:LA) is
pleased to announce that it has received $1,950,000 upon the exercise of
13,000,000 stock purchase warrants (the "Warrants") of the Company. Turnbrook
Corporation ("Turnbrook") exercised the Warrants at a price of $0.15 each, which
were exercisable on or before December 21, 2013. The Warrants were granted to
Turnbrook in accordance with the terms of the transaction originally announced
in the Company's press release of December 21, 2010. Turnbrook now holds
50,786,039 common shares in the capital stock of Los Andes.


The proceeds received by Los Andes on the exercise of the Warrants will be used
to fund exploration and development work on the Company's Vizcachitas project,
and for general working capital purposes. Los Andes currently has a total of
162,932,599 common shares issued and outstanding.


For more information please visit our website at: www.losandescopper.com

This document contains certain forward looking statements which involve known
and unknown risks, delays and uncertainties not under the Company's control
which may cause actual results, performance or achievements of the Company to be
materially different from the results, performance or expectation implied by
these forward looking statements.


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