Andean Precious Metals Reports Q3 2023 Results
Company continues to pivot Bolivian operations into a processing facility focused on securing
long-term material purchasing contracts, driving margins and cash flow
TORONTO, ON – November 29, 2023 – Andean Precious Metals Corp. (“Andean” or the
“Company”) (TSX-V: APM) (OTCQX: ANPMF) reported its operating highlights and unaudited condensed interim financial results for the three and nine months ended September 30, 2023. All
amounts are expressed in United States dollars, unless otherwise noted (C$ refers to Canadian dollars). This news release should be read together with Andean’s management discussion and (“MD&A”) and condensed interim consolidated financial statements for the three and nine
months ended September 30, 2023 (the “Financials”), which are available under the Company’s profile on SEDAR+ (www.sedarplus.ca).
“This has been a transformative period for Andean. In September, we announced our exclusive agreement with Silver Elephant to purchase up to 800,000 tonnes of oxide material from its Paca
Silver Project,” stated Alberto Morales, Andean’s Executive Chairman and Chief Executive Officer.
Mr. Morales added, “Earlier this week, we shared the exciting news of our acquisition of Golden
Queen Mining, LLC, which operates Soledad Mountain mine, strengthening our position as a larger, more robust, and better diversified precious metals producer while maintaining our strong
liquid asset position. From the outset of 2023 we've been clear about our objectives: extend the
life of our Bolivian operations and grow our Company through acquisitions in the Americas. We have now achieved both objectives.” see & read more on
https://www.andeanpm.com/News/753505#top