Building a Multi-Asset Mid-Tier Precious Metals Producer
Stock Code:
TSXV: APM; OTCQX: ANPMF
Company Exposure:
Silver, Gold
Project Locations:
Bolivia
Andean is a growth-focused precious metals producer that owns and operates the San Bartolomé project located in the department of Potosí, Bolivia. San Bartolomé has been operating continuously since 2008, producing an average of 5Moz of silver equivalent per year. In addition, the company is also seeking accretive growth opportunities in Bolivia and the Americas.
Investment Rationale: Pursuing Transformational Growth
- Positive cash generation
– From established processing plant in Bolivia - Debt-free balance sheet (as at 30 June 2023)
– C$90M in liquid assets, including cash bullion, marketable securities and VAT certificates - Strategic advantage in Bolivia
– Largest commercial oxide plant in Bolivia
– Established social licence
