First Andes Silver Engages Vice President, Corporate Communications
FIRST ANDES SILVER ENGAGES VICE PRESIDENT, CORPORATE COMMUNICATIONS
Vancouver, British Columbia – February 23, 2026 – FIRST ANDES SILVER LTD. (TSXV: FAS; OTC Markets:
MSLVF; FSE: 9TZ0) (“First Andes” or the “Company”) today announced that it has engaged Ryan Johnson
to serve as Vice President, Corporate Communications. Mr. Johnson will support the Company’s corporate
communications and marketing strategy and provide marketing and public relations advisory services,
including coordinating marketing initiatives, news flow and events, and facilitating introductions to media,
digital and social media marketing contacts and other communications service providers.
In consideration of these services, the Company will pay Mr. Johnson C$7,000 per month plus applicable
taxes. The engagement is month-to-month and may be terminated by either party upon thirty (30) days’
notice. The engagement is subject to TSX Venture Exchange approval.
Mr. Johnson and the Company are not related parties and deal at arm’s length. Mr. Johnson does not
own, directly or indirectly, any securities of the Company, nor does he have any right or intention to
acquire such securities.
About Ryan Johnson
Mr. Johnson brings over 19 years of capital markets experience focused on corporate communications,
investor relations, and digital marketing for public issuers. He has extensive experience in managing
integrated multi -channel marketing campaigns and has advised companies through financings and
corporate transactions, working closely with management teams, boards, and counsel on disclosure -
compliant communications.
Security Based Compensation Grant
The Company also announces that it has granted 2,500,000 stock options to its directors, officers and
consultants. Each option is exercisable at $0.17 per share for a period of five years from the date of grant.
In addition, the Company granted 875,000 r estricted share units, of which 50% vest one year from the
date of grant and the remaining 50% grant two years from the date of grant.
About First Andes Silver Ltd.
First Andes Silver Ltd. is a British Columbia company that holds a 100% interest in the high -grade Santas
Gloria silver property, located in a major mining district 55 km east of Lima, Peru. Santas Gloria has
established road access, is situated within a w ell-known intermediate-sulphidation epithermal belt, and
hosts over 12 km of multiphase veins mapped at surface that had never been historically drilled or
explored by modern techniques prior to 2024. In only two phases of diamond drilling (2024 –2025), First
Andes has reported strong near -surface epithermal silver intercepts in 21 of 26 drill holes, confirming
silver mineralization across multiple vein systems and supporting systematic, project -wide exploration
and follow-up drilling in 2026.
On Behalf of the Board of Directors
Colin Smith, CEO & Director
Phone: 604 806-0626 (ext. 108)
E-mail: [email protected]
Web: www.firstandes.com
Additional information about First Andes Silver Ltd. Is available on SEDAR+ at www.sedarplus.ca.
Forward-Looking Statements
Information set forth in this news release contains forward -looking statements that are based on
assumptions as of the date of this news release. These statements reflect management’s current
estimates, beliefs, intentions and expectations. They are not gu arantees of future performance. The
Company cautions that all forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are beyond the Company’s
control. Such factors incl ude, among other things: risks and uncertainties relating to Company’s limited
operating history, ability to obtain sufficient financing to carry out its exploration programs and the need
to comply with environmental and governmental regulations. According ly, actual and future events,
conditions and results may differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward -looking information. Except as required under applicable securities
legislation, the Com pany undertakes no obligation to publicly update or revise forward -looking
information.
The forward-looking statements contained in this news release are made as of the date of this news
release. Except as required by law, the Company disclaims any intention and assumes no obligation to
update or revise any forward-looking statements, whether as a result of new information, future events
or otherwise.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.