Andean Precious Metals Receives Conditional Approval FOR Graduation to the Toronto Stock Exchange
NEWS RELEASE
TSX-V: APM OTCQX: ANPMF
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ANDEAN PRECIOUS METALS RECEIVES CONDITIONAL APPROVAL FOR
GRADUATION TO THE TORONTO STOCK EXCHANGE
TORONTO, ON – December 5, 2024 – Andean Precious Metals Corp. (“Andean” or the “Company”)
(TSX-V: APM) (OTCQX: ANPMF) is pleased to announce that it has received conditional approval for
its common shares to be listed on the Toronto Stock Exchange (“TSX”) and graduate from the TSX
Venture Exchange (the “TSXV”).
The uplisting to the TSX marks a significant milestone for Andean, reflecting the Company’s growth and
commitment to delivering value to shareholders. The move will enhance the Company’s visibility and
broaden its investor base by providing greater access to investors and improving overall liquidity, among
other benefits.
Alberto Morales, Executive Chairman and CEO, commented: “ Graduating to the TSX is a pivotal
moment in our journey and highlights the progress we’ve made in advancing our business strategy. This
uplisting will not only elevate our profile within the investment community but also position us to attract
new institutional investors and improve liquidity for our shareholders. Our team remains committed to
executing on our growth initiatives and delivering long-term value. I’d like to thank our employees,
investors, and partners for their support in helping us achieve this important milestone.”
Final approval of the listing is subject to the Company meeting certain customary conditions required by
the TSX. Andean will issue a press release once the TSX confirms the date when trading of the common
shares is expected to commence on the TSX under the ticker symbol (APM.TO) . Upon completion of
the final listing requirements, Andean’s common shares will be delisted from the TSXV.
Shareholders are not required to exchange their share certificates or take any other action in connection
with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares.
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
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.
NEWS RELEASE
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Caution Regarding Forward-Looking Statements
Certain statements and information in this release constitute “forward-looking statements” within the
meaning of applicable U.S. securities laws and “forward-looking information” within the meaning of
applicable Canadian securities laws, which we refer to collectively as “forward-looking statements”.
Forward-looking statements are statements and information regarding possible events, conditions or
results of operations that are based upon assumptions about future economic conditions and courses
of action. All statements and information other than statements of historical fact may be forward-looking
statements. In some cases, forward-looking statements can be identified by the use of words such as
“seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”,
“predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases
(including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this release include, but are not limited to, statements and information
regarding the listing of the Company’s common shares on the TSX . Such forward-looking statements
are based on a number of material factors and assumptions, including, but not limited to: the Company's
ability to carry on exploration and development activities; the Company's ability to secure and to meet
obligations under property and option agreements and other material agreements; the timely receipt of
required approvals and permits; that there is no material adverse change affecting the Company or its
properties; that contracted parties provide goods or services in a timely manner; that no unusual
geological or technical problems occur; that plant and equipment function as anticipated and that there
is no material adverse change in the price of silver, costs associated with production or recovery.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which
may cause ac tual results, performance or achievements, or industry results, to differ materially from
those anticipated in such forward-looking statements. The Company believes the expectations reflected
in such forward-looking statements are reasonable, but no assura nce can be given that these
expectations will prove to be correct, and you are cautioned not to place undue reliance on forward-
looking statements contained herein.
Some of the risks and other factors which could cause actual results to differ materially from those
expressed in the forward-looking statements contained in this release include, but are not limited to:
risks and uncertainties relating to the interpretati on of drill results, the geology, grade and continuity of
mineral deposits and conclusions of economic evaluations; results of initial feasibility, pre-feasibility and
feasibility studies, and the possibility that future exploration, development or mining results will not be
consistent with the Company’s expectations; risks relating to possible variations in reserves, resources,
grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as
plans continue to be refined; mining and development risks, including risks related to accidents,
equipment breakdowns, labour disputes (including work stoppages and strikes) or other unanticipated
difficulties with or interruptions in exploration and development; the potential for delays in exploration or
development activities or the completion of feasibility studies; risks related to the inherent uncertainty of
production and cost estimates and the potential for unexpected costs and expenses; risks related to
commodity price and foreign exchange rate fluctuations; the uncertainty of profitability based upon the
cyclical nature of the industry in which the Company operates; risks related to failure to obtain adequate
financing on a timely basis and on acceptable terms or delays in obtaining governmental or local
NEWS RELEASE
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community approvals or in the completion of development or construction activities; risks related to
environmental regulation and liability; political and regulatory risks associated with mining and
exploration; risks related to the uncertain global econom ic environment; and other factors contained in
the section entitled “Risk Factors” in the Company’s MD&A for the three and nine months ended
September 30, 2024.
Although the Company has attempted to identify important factors that could cause actual results or
events to differ materially from those described in the forward-looking statements, you are cautioned
that this list is not exhaustive and there may be other factors that the Company has not identified.
Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements
included in this release if these beliefs, estimates and opinions or other circumstances should change,
except as otherwise required by applicable law.