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Andean Precious Metals Reports Fatal Incident at Its San Bartolome Mine

Mine Development & Operations

Andean Precious Metals Reports Fatal Incident

at Its San Bartolome Mine

Toronto, Ontario--(Newsfile Corp. - May 6, 2022) - Andean Precious Metals Corp. (TSXV: APM)

(OTCQB: ANPMF) ("

Andean

" or the "

Company

") today reports that a fatality occurred at its San

Bartolomé plant, located in Potosí, Bolivia. The incident occurred during plant operations at

approximately 5:30 PM local time, on May 4, 2022.

No other personnel were injured in relation to the incident. Investigations into the incident are underway

and all relevant authorities have been informed.

"We are deeply saddened by this most unfortunate incident," said Simon Griffiths, President and CEO of

Andean. "Our thoughts are with the individual's family, friends, and coworkers during this difficult time.

The health and safety of our workforce remains our utmost priority."

About Andean Precious Metals Corp.

Andean Precious Metals 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

Fraser Buchan

Investor Relations

[email protected]

T: +1 647 480 1550

North America

Trevor Heisler

NATIONAL Capital Markets

[email protected]

Europe

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/123017