Andean Precious Metals
Primary tickers: TSXV:APM, OTCQX:ANPMF
Stage of development: Production
Primary minerals: Silver, Gold
Project to promote: San Bartolomé, Soledad Mountain
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: USD70M (30 June 2023)
Debt: USD43.9M (24 Nov 2023)
Major Shareholders:
Insiders – 52.9%
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.
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$70 million in cash as of June 30, 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?
Jan 31, 2023 – Andean Precious Metals Files NI 43-101 Technical Report for Golden Queen Mining’s Soledad Mountain Operation
Jan 30, 2023 – 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
Dec 18, 2023 – Andean Precious Metals Announces Appointment of Michele Ashby as Independent Director
Nov 29, 2023 – Andean Precious Metals Reports Q3 2023 Results
Nov 27, 2023 – Andean Precious Metals Acquires Producing Heap Leach Gold Mine; Expands Its Footprint into the U.S.
Sep 12, 2023 – Andean Precious Metals Signs Five-Year Exclusive Agreement to Purchase up to 800,000 Tonnes of Oxide Material from the Paca Silver Project in Bolivia
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.
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$70 million in cash and zero debt.
What are the top 3 key investor takeaways?
1. A producing mine in a stable jurisdiction
2. Strong balance sheet with US$70M in cash
3. Active focus on growth – organic and M&A