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Major Resource Fund Invests in Andover Ventures

|Includes: Andover Mining Corp. (AOVTF)
Andover Ventures Inc. (TSX-V: AOX) (OTCPINK: AOVTF) closed a $2.5 million financing round with the Sentient Group, a major resource-oriented fund with assets of $2.3 billion. As part of the transaction, Sentient has been granted one board seat and the right of first refusal in future rounds of financing.

Sentient, run by experienced natural resource and investment industry operators, brings more than just capital to the table. Their involvement adds further depth to the already highly experienced AOX team and substantiates the tremendous opportunities that lie ahead for the Company.

To learn more about AOX’s near-term production in the prolific East Tintic mining district of Utah and its large-scale holdings in the resource-rich Ambler mining district of Alaska, you can read a prior blog post and view the Company’s presentation from our virtual conference in August.

Disclosure: The subject security is a client of RedChip Companies, Inc. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein. For full financial disclosures for all RedChip clients, please visit http://www.redchip.com/disclosures.asp?src=rcv.