Los Andes Copper (TSE:LA) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Los Andes Copper Ltd. has elected to issue over 13,000 common shares to Queen’s Road Capital as payment for interest on its convertible debentures, under terms allowing part-interest payment in shares. The decision aligns with the company’s financial strategy and is pending approval from the TSX Venture Exchange. This move reflects Los Andes Copper’s commitment to progressing its Vizcachitas Project in Chile, which is anticipated to become a major copper mine.
For further insights into TSE:LA stock, check out TipRanks’ Stock Analysis page.