E GROUP
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Key Facts
Location:
Ecuador
Commodities: Copper, Gold, Lead, Silver, Zinc
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Latest Information June 9, 2009 OroAndes Resource reported to have arranged a non-brokered private placement of up to 250,000 units (the “Units”) of the Company at a price of $0.40 per Unit for aggregate proceeds of up to $100,000. Also announces that it has abandoned all of its remaining mineral property interests in Ecuador. This decision has been taken as a result of the cancellation by the Ecuadorian Government of a significant number of concessions and the expected high cost of maintaining the remaining concessions. |