Andina Minerals Grants Options
TORONTO, ONTARIO -- (Marketwire) -- 12/06/10 -- 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.
Contacts:
Andina Minerals Inc.
George M. Bee
President & CEO
416 203 3488
Andina Minerals Inc.
Investor Relations
416 203 3488
www.andinaminerals.com