Los Andes Copper (TSE:LA) has released an update.
Los Andes Copper Ltd. has chosen to pay its interest obligations on convertible debentures to Queen’s Road Capital by issuing shares, with the recent payment equating to over $100,000 worth of common shares. This interest payment is part of their ongoing debenture terms, which allow for partial payment in shares, subject to regulatory approvals including the TSX Venture Exchange. The company is advancing its Vizcachitas Project in Chile, poised to be the next major copper mine in the region.
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