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Andean Precious Metals Reports Increased Profitability & $11M of Free


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Luis da Silva, the Company’s President and CEO, stated,
“Our strong Q1 2021 results underscore the value of our San Bartolomé operations in a robust silver price environment. While earnings were impacted by one-time expenditures related to the RTO and the recognition of non-cash deferred taxes, the Company generated $11 million in free cash flow in Q1 2021 and strengthened its balance sheet – better positioning Andean to carry out our active 2021 growth agenda. We continue to review Bolivian opportunities together with COMIBOL and other mining cooperatives to add flexibility to our operations, while providing a community service to our partners.” ....

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