Andina Minerals Inc.

Andina Minerals announced that Hochschild Mining through its wholly owned subsidiary, 1710503 Alberta has, since the initial extension of its November 16, 2012 offer to acquire all of the outstanding common shares of Andina for CAD $0.80 per Share in cash on December 28, 2012, received to date tenders of an additional 5,308,672 Shares. The Offeror has taken up, and will within the time prescribed by applicable law [...]

Hochschild Mining is pleased to announce that its wholly owned subsidiary, 1710503 Alberta Ltd. has, since the initial extension of its November 16, 2012 offer to acquire all of the outstanding common shares of Andina Minerals for CAD $0.80 per Share in cash on December 28, 2012, received to date tenders of an additional 5,308,672 Shares. The Offeror has taken up, and will within the time prescribed by applicable [...]

Andina Minerals announced that due to the change of control of Andina, as a result of Hochschild Mining through its wholly owned subsidiary, 1710503 Alberta Ltd. acquiring 112,124,252 Shares, representing approximately 81.4% of the outstanding Shares of Andina on a fully-diluted basis (see Hochschild press release dated December 28, 2012), George Bee, Patrick Downey, R. Gregory Laing, Juan Eduardo Rosselot and Melvyn [...]

The shareholders of Andina Minerals have accepted the offer made November 16, 2012, whereby the company will be acquired by Hochschild Mining. Shareholders of Andina Minerals will receive $CDN0.80 cash per share held. Andina Minerals will be removed from the S&P/TSX Venture Composite Index after the close of Monday, December 31, 2012.About S&P Dow Jones IndicesS&P Dow Jones Indices LLC, a subsidiary of The [...]

Hochschild is pleased to announce that its wholly owned subsidiary, 1710503 Alberta has, pursuant to its November 16, 2012 offer to acquire all of the outstanding common shares of Andina Minerals for CAD $0.80 per Share in cash, received to date tenders of 112,124,252 Shares, representing approximately 81.4% of the outstanding Shares on a fully-diluted basis. As all of the conditions to the Offer have been satisfied [...]

Hochschild Mining and Andina Minerals today announced the mailing to Andina shareholders of Hochschild's offer and take-over bid circular and Andina's directors' circular, in connection with the previously announced recommended all-cash offer to be made by Hochschild for all of the issued and outstanding common shares of Andina. Under the Offer, holders of Shares will receive C$0.80 in cash per Share.

Andina is pleased to announce that it has entered into a binding agreement with Hochschild Mining pursuant to which Hochschild has agreed, subject to the terms of the Support Agreement, to make an offer to purchase all of the outstanding common shares of Andina by way of a friendly take-over bid at a price of C$0.80 per share in cash. The Offer represents a 106% premium to the 20-day volume weighted average price as [...]

Andina today announced that, having advanced through the initial evaluation stage of the Company's recently submitted Environmental Impact Assessment for the Volcan Gold Project the EIA evaluation continues. Environmental evaluation is coordinated by the Servicio de Evaluacion Ambiental and the progress announced today is based on receipt of preliminary feedback from the majority of the technical agencies convened [...]

Andina today announced that it has submitted an EIA for the Volcan Gold Project to the Chilean environmental authority, SEA, who will evaluate the submission via SEIA. George Bee, President and CEO stated, "Submission of the EIA is a major milestone for Andina as we get the Volcan project "shovel ready." The EIA is the culmination of three years of in-depth data gathering and a variety of studies related to water and [...]

Andina Minerals wishes to update the market on progress made during the first quarter of 2012 on the Company's Volcan project. "Our environmental permitting and engineering teams have made significant progress advancing their respective studies in 2012," said George Bee, President and CEO. "Our metallurgical work program in support of a feasibility study is complete and final reports are currently being drafted [...]