Andean Precious Metals Corp.
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Andean Precious Metals Reports Fourth Quarter and Year-End 2025 Production Results and Provides 2026 Production and Cost Guidance
TMX Newsfile· 2026-02-26 22:30
(All amounts in U.S. dollars unless otherwise indicated)Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) ("Andean" or the "Company") is pleased to report its operational results for the quarter and year ended December 31, 2025, along with its production, cost, and capital investment guidance for 2026. The Company is also providing notice that it will release its fourth quarter and year-end 2025 financial results after market close on Tuesday, M ...
Silver Elephant Increases Non-Brokered Private Placement to $825,000
TMX Newsfile· 2026-02-03 18:16
Core Viewpoint - Silver Elephant Mining Corp. has announced an increase in its non-brokered private placement to a total of 3,300,000 units at a price of $0.25 per unit, aiming for gross proceeds of up to $825,000 [1] Group 1: Private Placement Details - Each unit in the private placement consists of one common share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $0.32 for three years [1] - Finder's fees of up to 7% may be payable, with each Finder's Unit also consisting of one share and one non-transferable warrant [2] - The net proceeds from the private placement will primarily be used for directors' fees and general working capital [2] Group 2: Regulatory and Financial Information - The securities issued are subject to a regulatory hold period of four months plus one day from the date of issue under Canadian securities laws, and the placement is subject to final acceptance by the Toronto Stock Exchange [3] - The company is also pursuing amounts owed from Andean Precious Metals Corp. as per an arbitration award [3] Group 3: Company Overview - Silver Elephant is focused on the development of its silver-lead-zinc project in Bolivia [4]
Silver Elephant Receives Favorable Arbitration Award in Dispute with Andean Precious Metals
TMX Newsfile· 2026-01-28 14:18
Core Viewpoint - Silver Elephant Mining Corp. has received a favorable arbitration award against Andean Precious Metals Corp. regarding a contractual dispute, resulting in a financial recovery for the company [1][2]. Group 1: Arbitration Outcome - The arbitrator ruled that Andean breached the Master Services Agreement (MSA) by failing to pay an additional consideration of USD 1.0 million to Silver Elephant, along with pre-judgment interest of approximately USD 36,077.37 [2]. - All counterclaims made by Andean were rejected, including allegations of wrongful termination of the MSA and illegal mining activities [3]. Group 2: Financial Recovery - A security deposit of USD 274,553.55 paid by Andean in 2024 will be set off against the additional consideration owed to Silver Elephant, leading to a substantial net recovery for the company [4]. Group 3: Ongoing Disputes - Silver Elephant is evaluating further claims against Andean related to ongoing mining activities in the Paca area, which is part of a Mining Production Contract (MPC) that has been in dispute since December 31, 2024 [5]. - The MPC grants Silver Elephant exclusive rights to mine and develop the Pulacayo and Paca projects since 2019, and the company is pursuing various administrative and judicial avenues to reinstate the MPC [5].
Andean Precious Metals Announces Closing of C$95.6 Million Bought Public Secondary Offering of Common Shares by PMB Partners
TMX Newsfile· 2026-01-28 13:46
Core Viewpoint - Andean Precious Metals Corp. has successfully closed a secondary offering of 9,102,250 common shares at a price of C$10.50 per share, generating total gross proceeds of C$95,573,625, aimed at increasing the company's free float and enhancing liquidity [1][3][6]. Summary by Sections Offering Details - The secondary offering was conducted publicly across all Canadian provinces and territories, excluding Québec and Nunavut, and included private placements to qualified institutional buyers in the U.S. and non-U.S. persons in other jurisdictions [2]. - The offering was led by National Bank Financial Inc. as the lead underwriter, with a syndicate of underwriters involved [3]. Shareholder Impact - Prior to the offering, the Selling Shareholder owned 79,718,750 common shares, representing approximately 53.22% of the total shares. Post-offering, this ownership decreased to 70,616,500 shares, or about 47.15% [7]. - The Selling Shareholder received C$10.50 per share for the total consideration of C$95,573,625 before commissions [6]. Capped Call Transactions - An affiliate of the Selling Shareholder entered into capped call option transactions with a financial institution, which will be net settled in cash, common shares, or a combination thereof [9]. - The average lower strike price of the capped calls is C$10.50, with a weighted average cap price of C$14.5006, covering 7,915,000 common shares [11]. Company Overview - Andean Precious Metals Corp. is focused on expanding its operations in top-tier jurisdictions in the Americas, owning and operating the San Bartolome processing facility in Bolivia and the Golden Queen mine in California [16].
PMB Partners LP Announces C$83.1 Million Bought Public Secondary Offering of Andean Precious Metals Corp. Common Shares
TMX Newsfile· 2026-01-20 23:27
Toronto, Ontario--(Newsfile Corp. - January 20, 2026) - PMB Partners LP ("PMB") an entity owned and controlled by Alberto Morales, Founder, Executive Chairman and CEO of Andean Precious Metals Corp. ("Andean" or the "Company") (TSX: APM) (OTCQX: ANPMF), is pleased to announce that it has entered into an agreement with Andean and National Bank Financial Inc. as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the "Underwriters") pursuant to which the Underwriters ...
Andean Precious Metals Announces C$83.1 Million Bought Public Secondary Offering of Common Shares
Globenewswire· 2026-01-20 22:02
Core Viewpoint - Andean Precious Metals Corp. has announced a secondary offering of 7,915,000 common shares at a price of C$10.50 per share, resulting in gross proceeds of C$83,107,500 to the Selling Shareholder [1][3] Group 1: Secondary Offering Details - The Underwriters have a one-time option to purchase an additional 15% of the common shares to cover over-allotments [2] - The net proceeds from the offering will go directly to the Selling Shareholder, with the Company not receiving any proceeds [3] - The Secondary Offering is expected to close on or about January 28, 2026, subject to necessary approvals [5] Group 2: Shareholder Impact - Following the offering, the Selling Shareholder will own approximately 47.94% of the outstanding common shares, down from 53.22% [8][9] - The Selling Shareholder has agreed not to sell any common shares for 90 days post-closing, and the Company will also refrain from issuing new shares during this period [7] Group 3: Company Strategy - The transaction aims to strengthen the shareholder base by attracting institutional investors and improving trading liquidity [3][4] - The Company emphasizes its commitment to avoiding shareholder dilution while enhancing liquidity and attracting new investors [4]
Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979 - Aya Gold & Silver (OTC:AYASF), Andean Precious Metals (OTC:ANPMF)
Benzinga· 2025-11-28 18:45
Group 1: Silver Price Surge - Silver prices surged over 5% to $56 per ounce, marking the strongest single-day rally in over a year, driven by tightening supplies and concerns of a global shortage [1] - Year-to-date, silver has gained 95%, on track for its best performance since 1979 [1] Group 2: Market Imbalances in China - Silver on-warrant inventories at the Shanghai Futures Exchange fell by 9,361 kilograms to 531,211 kilograms, the lowest level since 2015 [3] - China's silver exports in October reached over 660 tonnes, a new all-time high, indicating a tight market [4] - Shanghai has entered backwardation, signaling immediate physical scarcity in the silver market [5] Group 3: Monetary Policy Impact - Growing expectations of monetary policy easing have contributed to silver's rally, with a nearly 90% probability of a 25 basis-point rate cut by the Federal Reserve at its December 10 meeting [6] Group 4: Seasonal Trends and Future Outlook - Historically, silver has averaged a 2.12% gain in December, making it the third-strongest month of the year [7] - Silver closes December in positive territory 60% of the time, with the best returns occurring in 1997 and 2020, both around 17% [8] Group 5: Mining Stocks Performance - The rally in silver has reignited interest in mining equities, with the Global X Silver Miners ETF rising over 12% in just two days [9] - Notable gains among silver-focused miners include Aya Gold & Silver Inc. up 14.18%, Andean Precious Metals Corp. up 12.66%, and Discovery Silver Corp. up 12.39% [10]
Andean Precious Metals Strengthens Balance Sheet with New $40 Million Credit Facility from National Bank of Canada
Newsfile· 2025-11-25 11:30
Core Viewpoint - Andean Precious Metals Corp. has secured a new $40 million revolving credit facility from the National Bank of Canada, which enhances its capital structure and financial flexibility for future growth initiatives [1][3]. Group 1: Credit Facility Details - The new credit facility offers improved liquidity and a more efficient cost of capital as Andean progresses with its strategic and operational initiatives [2]. - The facility has a capacity of $40 million, which will automatically reduce to $30 million on the first anniversary, with a term of 2 years and an interest rate of SOFR + 4.25% [7]. Group 2: Closure of Existing Facilities - Concurrently, Andean has extinguished its previous credit arrangements, including a $36.1 million loan from the CommerceWest Main Street Lending Program and a $25 million credit facility with Banco Santander International, thereby streamlining its capital structure [3][7]. - The consolidation of these credit facilities has enhanced liquidity and aligned financing arrangements with the company's current scale and growth plans [7]. Group 3: Company Overview - Andean Precious Metals is focused on expanding its operations in top-tier jurisdictions in the Americas, owning and operating the San Bartolome processing facility in Bolivia and the Golden Queen mine in California [4]. - The leadership team is committed to creating value through safe, sustainable, and responsible operations, aiming to become a multi-asset, mid-tier precious metals producer [4].
Andean Precious Metals Corp. 2025 Q3 - Results - Earnings Call Presentation (TSX:APM:CA) 2025-11-21
Seeking Alpha· 2025-11-21 23:04
Group 1 - The article does not provide any relevant content regarding company or industry insights [1]
Silver Elephant Updates on Arbitration Proceedings Against Andean Precious Metals to Collect US$1,000,000 Plus Fees
Newsfile· 2025-11-19 13:49
Core Points - Silver Elephant Mining Corp. is involved in arbitration proceedings against Andean Precious Metals Corp. to collect US$1,000,000 plus fees [1][2] - The arbitration hearing took place from November 3 to 7, 2025, in Vancouver, British Columbia [3] - The company claims that all conditions for the Additional Consideration payment have been met as per the Master Services Agreement and Sales and Purchase Agreement [3] Summary by Sections Arbitration Details - The arbitration case is due to Andean's failure to pay the Additional Consideration of US$1,000,000, which was triggered after the silver price averaged above US$28/oz for 260 trading days [2] - Silver Elephant terminated the Master Services Agreement and Sales and Purchase Agreement on December 31, 2024, after Andean failed to make the payment within the contractual cure period [2] Hearing Outcome - Following the hearing, the arbitrator has requested both parties to submit their closing and costs submissions by November 21, 2025 [4] - The arbitrator is expected to render a final decision before the end of 2025 [4] Company Background - Silver Elephant Mining Corp. is a mineral exploration company with gold and silver projects located in Bolivia [5]