ANDINA Minerals Inc.
TSX VENTURE : ADM

ANDINA Minerals Inc.

December 06, 2010 16:58 ET

Andina Minerals Grants Options

TORONTO, ONTARIO--(Marketwire - Dec. 6, 2010) - Andina Minerals Inc. (TSX VENTURE:ADM) today reported that it has issued, in accordance with its annual compensation review process, a total of 1,860,000 incentive share options to directors, officers, employees and consultants under the Company's share option plan. The options are exercisable into common shares of Andina at CAD$1.51 per share and have a five year term.

About Andina Minerals Inc.

Andina's primary focus is mining exploration and development in Chile. The Company's flagship development project is the 100%-owned Volcan Gold Project, strategically located in the prolific Maricunga Gold Belt. Andina is progressing with a prefeasibility study for Volcan, targeted for completion in early 2011.

Contact Information

  • Andina Minerals Inc.
    George M. Bee
    President & CEO
    416 203 3488
    or
    Andina Minerals Inc.
    Investor Relations
    416 203 3488
    www.andinaminerals.com