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BRIEF-Hochschild Mining says makes C$103 mln offer for Andina

Source : REUTERS
Last Updated: Thu, Nov 08, 2012 10:34 hrs

LONDON, Nov 8 (Reuters) - Hochschild Mining PLC : * Recommended all-cash offer for andina minerals * Makes C$0.80 per share all-cash offer for all of the issued and outstanding

common shares of andina minerals * Equity value of the Hochschild offer is approximately C$103 million on a

fully-diluted basis * Represents a premium of c. 106% to the 20-day vwap for andina common shares

for the period ending 7 November 2012


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