Los Andes Copper (“LA”) has announced that Resource Capital Fund VI L.P. (“RCF”), has exercised 1.34m warrants at a price of C$5/sh, resulting in a C$6.7m boost to the Company’s cash balance. In addition to a C$10m bought deal financing completed in Jan’23, we see the Company as well-funded to continue advancing Vizcachitas. Earlier this year, LA passed an important de-risking milestone with the release of positive results from the Vizcachitas Pre-feasibility Study (“PFS”). The study showed a so ....
