Sydney - Tuesday - October 24: (RWE Aust Business News) - Andean
Resources (ASX:AND) has completed an institutional placement to raise
$3.56 million.
The funds will be used for a 17,000 metre drilling program in
Cerro Negro, Argentina.
A total of 13,692,308 shares were placed at 26c.
The shares have resumed trading and were steady at 27c.