Financing - First Tranche ClosingOctober 5, 2015 N.R. 2015-6 LOS ANDES ANNOUNCES FIRST TRANCHE CLOSING Not for distribution to United States Newswire Services or for dissemination in the United States Vancouver, BC – Los Andes Copper Ltd. ("Los Andes", or the "Company", TSX Venture Exchange: LA) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to close the first tranche of the private placement announced in its News Release dated September 10, 2015. On September 28, 2015, the Company issued 6,018,545 shares at $0.22 per share for gross proceeds of $1,324,080. These shares are subject to a hold period under applicable Canadian securities laws expiring on January 29, 2016. The Company will use these proceeds for the drilling program of the central core of the Vizcachitas porphyry copper-molybdenum project and for working capital purposes. The Company has also closed the debt settlement agreements also announced on September 10, 2015, by issuing 660,827 shares at a price of $0.22 per share for an aggregate amount of $145,382. These shares are subject to hold periods under applicable Canadian securities laws expiring on January 29 and January 31, 2016.