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Andean Precious Metals Announces Results of the Annual General Meeting of Shareholders

Shareholder Meetings

NEWS RELEASE

TSX-V: APM OTCQX: ANPMF

1

ANDEAN PRECIOUS METALS ANNOUNCES RESULTS OF THE

ANNUAL GENERAL MEETING OF SHAREHOLDERS

TORONTO, ON – August 15, 2024 – Andean Precious Metals Corp. (“Andean” or the “Company”)

(TSX-V: APM) (OTCQX: ANPMF) today announced the voting results from the Company’s Annual

General Meeting of Shareholders (the “Meeting”) held on Thursday, August 15, 2024.

A total of 132,185,426 common shares, representing 88.37% of the Company’s total issued and

outstanding shares, were voted at the Meeting. The majority of shareholders voted in favor of the

management resolutions presented, including:

I. The number of directors of the Company was fixed at seven (7)

II. The members elected to the Company’s Board of Directors for the ensuing year are as follows:

• Grant Angwin

• Yohan Bouchard

• Felipe Canales

• Peter Gundy

• Alberto Morales

• Ramiro Villarreal

• Michele Ashby

III. KPMG LLP was re-approved as auditors for the Company for the ensuing year

About Andean Precious Metals

Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the

Americas. The Company owns and operates the San Bartolomé processing facility in Potosí, Bolivia

and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth

opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable

and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals

producer.

For more information, please contact:

Amanda Mallough

Director, Investor Relations

[email protected]

T: +1 647 463 7808

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.