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Andean raises drilling funds

ANDEAN Resources has raised $2.7 million in equity from clients of Southern Cross Equities, and p...

Michael Quinn

The placement saw 30 million shares issued at a price of 9c/share, with Southern Cross receiving a 5% fee and two million options exercisable at 20c up till the end of 2009. Andean will undertake 5000m...

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