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APM.TO ·

Andean Precious Metals Announces Change of CEO

Management Changes

Andean Precious Metals Announces Change of

CEO

Toronto, Ontario--(Newsfile Corp. - September 21, 2021) - Andean Precious Metals Corp. (TSXV: APM)

(OTCQB: ANPMF) ("

Andean

" or the "

Company

"), a leading Latin-American silver producer, today

announced that Luis da Silva has stepped down from his roles as President, Chief Executive Officer and

director of the Company.

Alberto Morales, Executive Chairman, stated: "On behalf of the Board and the management team, I want

to thank Mr. da Silva for his contributions over the past 12 months. Mr. da Silva played a meaningful role

in Andean becoming a publicly-traded company and in positioning us for the future. We remain focused

on executing our strategy and realizing our vision to be a premier primary silver producer."

Effective immediately, Simon Griffiths has been appointed as the new President and Chief Executive

Officer. Mr. Griffiths previously served as the Company's Chief Operating Officer, is a Chartered Mining

Engineer and Qualified Person and has extensive global experience in the resources industry with both

public and private companies. Mr. Griffiths has re-engineered major mining operations, creating

significant value during senior roles with both Newcrest Mining and OceanaGold.

Pursuant to the appointment of Mr. Griffiths, he has been granted 1,762,500 restricted share units

vesting equally on September 30, 2021, March 25, 2022, September 25, 2022, and March 25, 2023.

About Andean Precious Metals Corp.

Andean Precious Metals (TSXV: APM) (OTCQB: ANPMF) is a Canadian, growth-focused silver

producer that owns and operates the San Bartolomé project located in the department of Potosí, Bolivia.

San Bartolomé has been operating consistently since 2008, producing an average of over five million

ounces of silver per year. The Company is also exploring its wholly-owned San Pablo and Rio Blanco

gold projects and seeking other accretive opportunities in Bolivia and Latin America. Andean Precious

Metals is committed to fostering safe, sustainable and responsible operations. For more information,

please visit

www.andeanpm.com

.

Company Contact

Simon Griffiths

Chief Executive Officer

[email protected]

T: +1 647 480 1550 ext. 1550

Investor Contact N.A.

Daniel Weinerman

NATIONAL Capital Markets

[email protected]

T: +1 416 848 1715

Media Contact Eur.

Oliver Lamb

Tavistock

[email protected]

T: +44 20 7920 3150

Neither the TSX Venture Exchange, Inc. nor its Regulation Services Provider (as that term is defined

in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/97135