Business
Andina Copper Announces LIFE Offering and Concurrent Financing for an Aggregate of $20m
(TheNewswire) February 19, 2026   – TheNewswire - Vancouver, British Columb...
About this update from Andina Copper Corporation.
[{"type":"text","content":"Andina Copper Announces LIFE Offering and Concurrent Financing for an Aggregate of $20m\n(TheNewswire)\n\n\nFebruary 19, 2026 – TheNewswire - Vancouver, British Columbia. - Andina\nCopper Corp. (“Andina Copper” or the “Company”) (TSX-V:ANDC /\nFSE: FIRA / OTCQX®: PMMCF) is pleased to announce a non-brokered private placement pursuant to the Listed Issuer Financing Exemption under Part 5A of National\nInstrument 45-106- Prospectus Exemptions for gross proceeds of\n$10,000,000 (the “LIFE Offering”), through the offering of\n12,500,000 common shares in the capital of the Company  (each, a\n“LIFE Share”) at a price of $0.80 per share.  \n\n \n\nConcurrent with the LIFE Offering, the Company is\npleased to also announce a non-brokered private placement for gross\nproceeds of $10,000,000 (the “Concurrent Financing” and together\nwith the LIFE Offering, the “Offerings”), through the offering of\n12,500,000 common shares in the capital of the Company (each, a\n“Non-LIFE Share”) at a price of $0.80 per share. \n\n\nIn connection with the Offerings, the Company may pay\nfinder’s fees of up to 6% cash.\n\n\nThe Non-LIFE Shares may be offered to purchasers\nresident in Canada pursuant to applicable prospectus exemptions, other\nthan the Listed Issuer Financing Exemption, in accordance with\napplicable laws, and may also be offered in other qualifying\njurisdictions outside of Canada on a private placement basis pursuant\nto relevant prospectus or registration exemptions in accordance with\napplicable laws. Any securities issued under the Non-LIFE Offering to\npurchaser’s that are residents in Canada will be subject to a hold\nperiod in accordance with applicable Canadian securities laws,\nexpiring four months and one day following the issue date of the\nNon-LIFE Shares. \n\n \n\nThe LIFE Shares will be offered to purchasers pursuant\nto the Listed Issuer Financing Exemption, in each of the Provinces of\nCanada except Quebec. The LIFE Shares will not be subject to a\nCanadian hold period in accordance with applicable Canadian securities\nlaws.\n\n\nThe Company intends to use the net proceeds from the\nOfferings to fund exploration at the Company’s Piuquenes and\nCobrasco Project...