Andean Precious Metals Corp. Raises C$83.1M by Selling 7.9M Shares at C$10.50 Each
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
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Source: Globenewswire
- Share Issuance Plan: Andean Precious Metals Corp. has entered into an agreement with PMB Partners to sell 7.9 million common shares at C$10.50 each, raising a total of C$83.1 million, aimed at enhancing interest from institutional investors and improving liquidity.
- Shareholder Ownership Changes: Following the offering, founder Alberto Morales's ownership will decrease from 53.22% to 47.94%, yet he will remain the largest shareholder, demonstrating a continued commitment to the company's long-term strategy.
- Market Access Strategy: The offering will be publicly issued in all Canadian provinces via a prospectus supplement and may be offered to qualified institutional buyers in the U.S., indicating the company's proactive strategy in expanding market reach and attracting new investors.
- Liquidity Enhancement Commitment: Andean Precious Metals has committed not to issue new shares for 90 days post-offering to avoid shareholder dilution, thereby enhancing market trading liquidity and boosting investor confidence.
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About APM
Aptorum Group Limited is a United Kingdom-based clinical-stage biopharmaceutical company dedicated to the discovery, development and commercialization of therapeutic assets to treat diseases with unmet medical needs, particularly in oncology (including orphan oncology indications) and infectious diseases. Its lead projects are ALS-4, SACT-1 and PathsDx Test. ALS-4 is a small drug molecule which appears to target the products produced by bacterial genes that facilitate the successful colonization and survival of the bacterium in the body or that cause damage to the body's systems. SACT-1 is the first repurposed drug candidate to be developed under the Smart-ACT drug discovery platform. The Company's pipeline is also enriched through the co-development of PathsDx Test, a molecular-based rapid pathogen identification and detection diagnostics technology, with Accelerate Technologies Pte Ltd, the commercialization arm of the Singapore's Agency for Science, Technology and Research.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Andean Precious Metals Corp. Raises C$83.1M by Selling 7.9M Shares at C$10.50 Each
- Share Issuance Plan: Andean Precious Metals Corp. has entered into an agreement with PMB Partners to sell 7.9 million common shares at C$10.50 each, raising a total of C$83.1 million, aimed at enhancing interest from institutional investors and improving liquidity.
- Shareholder Ownership Changes: Following the offering, founder Alberto Morales's ownership will decrease from 53.22% to 47.94%, yet he will remain the largest shareholder, demonstrating a continued commitment to the company's long-term strategy.
- Market Access Strategy: The offering will be publicly issued in all Canadian provinces via a prospectus supplement and may be offered to qualified institutional buyers in the U.S., indicating the company's proactive strategy in expanding market reach and attracting new investors.
- Liquidity Enhancement Commitment: Andean Precious Metals has committed not to issue new shares for 90 days post-offering to avoid shareholder dilution, thereby enhancing market trading liquidity and boosting investor confidence.
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Andean Precious Metals Corp. Completes C$83.1 Million Secondary Offering
- Offering Overview: Andean Precious Metals Corp. has entered into an agreement with PMB Partners to sell 7.915 million common shares at C$10.50 each, generating gross proceeds of C$83.1 million, aimed at enhancing institutional investor interest and improving liquidity.
- Shareholder Ownership Changes: Following the offering, founder Alberto Morales's ownership will decrease from 53.22% to 47.94%, yet he will remain the largest shareholder, reflecting his ongoing commitment to the company's strategic vision.
- Liquidity Enhancement: This secondary offering allows Andean to avoid shareholder dilution while increasing the public float, which is expected to improve trading liquidity and attract new investors.
- Future Outlook: The offering is anticipated to close on January 28, 2026, subject to necessary corporate and regulatory approvals, further supporting the company's long-term growth strategy and market expansion plans.
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