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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 50.1K
As of 3:59 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

andeangold ltd (AAU) Snapshot

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52 Week High
06/24/14 - C$0.05
52 Week Low
12/17/14 - C$0.01
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andeangold ltd (AAU) Details

AndeanGold Ltd., an exploration stage company, engages in the acquisition, exploration, and development of precious minerals properties. It explores for gold, silver, copper, lead, and zinc metals. The company holds interests in the Urumalqui project located to the east of the city of Trujillo, Peru. It also owns 100% interests in 3 projects covering approximately 10,666 hectares located in Ecuador. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

Founded in 2006

andeangold ltd (AAU) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

andeangold ltd (AAU) Key Developments

AndeanGold Announces Appointment of Peña Böttcher as President and Chief Executive Officer

AndeanGold Ltd. announced that Alexander Peña Böttcher has agreed to act as the Company’s President and Chief Executive Officer, effective immediately.

AndeanGold Ltd. Announces Board Appointments

AndeanGold Ltd. announced that Mr. Ricardo Arrarte Grau has been appointed to AndeanGold’s board of directors. Mr. Tom Yarmon, a director of the Company, has been appointed the Company’s Chairperson. Mr. Arrarte, who is based in Lima, Peru, is a Mining and Mechanical Engineer. He is currently Corporate Mine Manager at FOSFATOS DEL PACIFICO SA.

Gitennes Exploration Inc. Closes Sale of 40% Interest in Urumalqui Silver Project to AndeanGold Ltd

Gitennes Exploration Inc. has closed the sale of the 40% interest in the Urumalqui Silver Project to AndeanGold Ltd. under the terms of the amended Share Sale and Mining Agreement as announced on November 17. The terms of the sale are: Gitennes receives a 1.5% Net Smelter Royalty on all metals produced from Urumalqui. The NSR will be for the life of the Project, has no cap on payments, no buyback and no first right of refusal. AndeanGold to make the following payments: CAD 125,000 (received); CAD 150,000 on or before February 15, 2015; CAD 150,000 on or before April 19, 2015 and CAD 175,000 on or before June 21, 2015. If there are any amounts outstanding under above at June 21, 2015 then the amounts outstanding will become a Convertible Debenture with a three year term a coupon of 6% per annum and a conversion of six cents per AndeanGold share. The issuance of the CD will be subject to regulatory approval. AndeanGold is exploring Urumalqui under the Agreement and a 60% Option Agreement and with the closing of the sale of the 40% interest AndeanGold now controls 100% of Urumalqui.


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