Junior M&A, financing roundup: Lupaka-Andean American, Pacific Rim, Amerix, Hot Chili

Canadian firms Lupaka Gold (TSX: LPK) and Andean American Gold (TSX-V: AAG) have received final approval of their previously announced merger from British Columbia's supreme court, Lupaka said in a release. Lupaka will acquire all of the issued and outstanding shares of Andean American. Closing is expected to occur on or around October 1. Lupaka has the Crucero gold project in southern Peru. Andean American's key assets include the Invicta gold-silver-copper project and a 17% stake in Southern Legacy Minerals (TSX-V: LCY), which owns the AntaKori gold-silver-copper project. Both are located in Peru. *** Australia's OceanaGold will purchase 42.2mn common shares of Vancouverite Pacific Rim Mining(TSX, Amex: PMU) in a non-brokered private placement expected to close by October 3, subject to regulatory approval, Pacific said in a release. The shares will be sold at Cdn$0.10, a 25% premium to the company's 20-day volume weighted average on the TSX, for total proceeds of Cdn$4.22mn (US$4.28mn). The funds will be used to advance the final stage of arbitration over Pacific's El Dorado gold project in El Salvador. *** Toronto-based Amerix Precious Metals (TSX-V: APM) is planning to carry out a private placement of units of the company at Cdn$0.12 each for gross proceeds of about Cdn$3mn. Net proceeds will go toward developing its Limão gold project in Brazil and for general working capital purposes, the company said in a statement. The financing should close on or around October 17 and is subject to regulatory approval. *** Australian Hot Chili's (ASX: HCH) largest shareholder, Kalgoorli Auto Services (KAS), has exercised another 5mn unlisted options for Aus$1mn (US$1.04mn), increasing its shareholding from 22% to 23.8%, Hot Chili said in a release. KAS holds a remaining 17mn unlisted options at Aus$0.20 each, the release said. Hot Chili's flagship project is the Productora copper-gold-molybdenum project in Chile.