Minera Andes receives conditional listing approval from the Toronto Stock Exchange
Monday December 4, 8:30 am ET
SPOKANE, WA, Dec. 4 /PRNewswire-FirstCall/ - Minera Andes Inc. (MAI.V - MNEAF.OB) is pleased to announce that it has received conditional listing approval from the Toronto Stock Exchange (TSX) for the listing of its common shares on the TSX, subject to meeting the final listing requirements of the exchange and obtaining TSX Venture Exchange approval for delisting. It is anticipated the shares of the company will be listed and begin trading on the TSX within the next sixty days and will trade under the same stock symbol MAI. The shares will be delisted from the TSX Venture Exchange at the close of trading on the prior trading day.
Allen V. Ambrose, president, said "Our listing on the TSX is part of our corporate business plan. As Minera Andes comes closer to gold/silver production and cash flow in 2007, it is attracting more attention from a broader cross section of investors, including institutions. Trading on a senior exchange allows more investors to participate in our shares, and will benefit all shareholders."
Minera Andes is a gold, silver and copper exploration company working in Argentina. Minera Andes holds about 443,000 acres of mineral exploration land in Argentina, including the co-owned San Jose/Huevos Verdes gold/silver project now under construction for production and cash flow by mid 2007. Minera Andes is also exploring the Los Azules copper project in San Juan province, where the final phase of an economic and geologic scoping study is underway. Other exploration properties, primarily gold and silver, are being evaluated in southern Argentina. The Corporation presently has 153,227,466 issued and outstanding shares.
This news is submitted by Allen V. Ambrose, President and Director of Minera Andes Inc.