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Andean Silver Updates Key Dates for Securities Purchase Plan

Story Highlights
  • Andean Silver Limited, an ASX-listed miner, accesses equity markets to fund its activities.
  • The company has revised the closing and share issue dates for its existing securities purchase plan, affecting investor timelines but not the offer’s structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andean Silver Updates Key Dates for Securities Purchase Plan

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Mitre Mining Corporation Limited ( (AU:ASL) ) has shared an announcement.

Andean Silver Limited has updated the terms of its proposed securities issue under an existing securities purchase plan, revising the offer closing date and the anticipated share issue date. The updated Appendix 3B notification to the ASX formalises these timing changes, which may affect investor participation windows and the schedule on which new shares are expected to commence trading, but does not otherwise alter the structure of the capital raising already announced.

The most recent analyst rating on (AU:ASL) stock is a Hold with a A$2.00 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, listed on the ASX under the code ASL, operates in the mining and resources sector with a focus implied by its name on silver and related mineral assets. The company accesses capital markets via equity issuance mechanisms available on the ASX to support its exploration, development, or corporate activities.

Average Trading Volume: 1,751,724

Technical Sentiment Signal: Buy

Current Market Cap: A$459.9M

For an in-depth examination of ASL stock, go to TipRanks’ Overview page.

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