Andean Precious Metals Corp (TSE:APM) has released an update.
Andean Precious Metals Corp., a growing producer in the precious metals market, has secured a $25 million revolving line of credit from Banco Santander International to bolster its financial flexibility and support corporate purposes. The credit facility is secured by short-term investments and cash equivalents and is part of the company’s strategy to expand as a multi-asset mid-tier producer. Andean boasts a strong balance sheet with liquid assets of $72 million, highlighting its solid financial foundation as it aims to grow in the Americas.
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