Andean Precious Metals

Andean Precious Metals 200x300px

Primary tickers: TSXV:APM, OTCQX:ANPMF
Stage of development: Production
Primary minerals: Silver, Gold
Project to promote: San Bartolomé, Golden Queen
Project location: Bolivia, USA
Website:www.andeanpm.com

Andean is a growing precious metals producer focused on top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolomé project in Potosí, Bolivia and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.

Cash: USD 87M (June 30 2024)

Debt: NIL

Major Shareholders:

Insiders – 55.8%
Eric Sprott – 13.6%
Institutions & Retail – 32.2%
ETF – 1.2%

Financials

Management Profile

Alberto Morales – Executive Chairman and CEO

Alberto Morales is a founder of Andean Precious Metals Corp, and has over 30 years of experience specialized in corporate finance, mergers and acquisitions and corporate restructurings. He has also participated individually in other private equity and venture capital projects as co-developer, investor and/or advisor in telecommunications, aviation, tourism, financial services and asset management, mining and alternative energy. He has participated in the planning, formation, development and consolidation stages of various start-up business ventures. He holds a Bachelor of Law from the University of Monterrey and a Masters in Compared Law from the New York University School of Law , and is licenced to practice law in Mexico and the State of New York.

 

Juan Carlos Sandoval – Chief Financial Officer

Mr. Sandoval has more than two decades of banking, finance, accounting and M&A experience mostly focused on mining, energy and resource sectors. Mr. Sandoval joined BNP Paribas in 2000 and took on advancing roles as he moved from BNP’s New York office to its Paris headquarters and then to Houston, where for 12 years he worked on US and Latin American mining, energy and infrastructure transactions. In 2014, he was appointed as Head of the Houston Structured Debt Team for the Americas. In 2017, Mr. Sandoval moved to the Mexican energy group Perseus as CFO of the upstream business. Mr. Sandoval holds a BA in Accounting from the Monterrey Institute of Technology and Higher Education. He is a FINRA US registered licensed representative and is fluent in Spanish, English and French.

What is your rationale for taking part in 121 Mining Investment?

To broaden the scope of our global investor outreach. We do not need capital as we have a strong balance sheet with US$76 million in cash as of September, 2023. The Company’s vision is to be a multi-asset mid-tier producer by pursuing both organic growth opportunities on an active M&A mandate.

What recent news would you like to highlight to investors attending?

Feb 16, 2024 – Andean Precious Metals Files NI 43-101 Technical Report for San Bartolomé

Jan 31, 2024 – Andean Precious Metals Files NI 43-101 Technical Report for Golden Queen Mining’s Soledad Mountain Operation

Jan 30, 2024 – Andean Precious Metals Announces Golden Queen Mining Returns to Full Production Following December Fire

Dec 26, 2023 – Andean Precious Metals Extends Life of San Bartolomé Operation to 4.6 Years Based on New 2P Mineral Reserve Estimate

Dec 27, 2023 – Andean Precious Metals Extends Life of San Bartolomé Operation to 4.6 Years Based on New 2P Mineral Reserve Estimate

What are your key goals in 3 months, 6 months, 12 months?

12 Months:

Execute a transformative M&A transaction.
Extend mine life in Bolivia and USA

What do you think makes your company such a compelling investment?

Andean is in a very strong financial position and well positioned for growth with US$80 million in cash.

What are the top 3 key investor takeaways?

1. Two producing mines in stable jurisdictions
2. Strong balance sheet with US$87M in cash
3. Active focus on growth – organic and M&A