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Andean Silver Limited Announces Securities Purchase Plan

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Andean Silver Limited Announces Securities Purchase Plan

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An update from Mitre Mining Corporation Limited ( (AU:ASL) ) is now available.

Andean Silver Limited has announced a proposed issue of securities under a securities purchase plan. The company plans to issue up to 1,621,622 ordinary fully paid securities, with the record date set for December 5, 2025, and the offer closing on January 12, 2026. This move is part of the company’s strategy to raise capital, potentially impacting its market position and providing opportunities for stakeholders to invest.

The most recent analyst rating on (AU:ASL) stock is a Buy with a A$4.25 price target. To see the full list of analyst forecasts on Mitre Mining Corporation Limited stock, see the AU:ASL Stock Forecast page.

More about Mitre Mining Corporation Limited

Andean Silver Limited operates in the mining industry, focusing on the extraction and production of silver. The company is engaged in exploring and developing silver mining projects, aiming to capitalize on the demand for precious metals in the market.

Average Trading Volume: 1,539,929

Technical Sentiment Signal: Buy

Current Market Cap: A$398.1M

Find detailed analytics on ASL stock on TipRanks’ Stock Analysis page.

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