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Andean Precious Metals to Host

Corporate Updates

ANDEAN PRECIOUS METALS TO HOST

Q1 2023 EARNINGS WEBCAST ON THURSDAY, MAY 25, 2023

TORONTO, Ontario, May 11, 2023 – Andean Precious Metals Corp. (TSX-V: APM)

(OTCQX: ANPMF) (“Andean” or the “Company”) will report its financial and operating results

for the three months ended March 31, 2023 on Wednesday, May 24, 2023, after markets

close.

Management will host a webcast the following morning to discuss the Company’s results. A

question-and-answer session will follow management's prepared remarks. Details of the

webcast are as follows:

Date and time: Thursday, May 25, 2023 at 9:00 a.m. ET

Registration: Please preregister for the webcast by following this link:

https://webinars.theassay.com/andean-precious-metals-webcast.

Registration is open now and will be available up and until the date

and time of the webcast.

Webcast Access: Upon registration, participants will receive an automatic email from

Zoom with a link to access the webcast.

To access the live webcast of the earnings call, please connect at

least 15 minutes prior to the start time to ensure adequate time for

any software download that may be required to join the webcast.

Replay: A replay of the webcast will be available within approximately 48

hours after the live event at www.andeanpm.com.

About Andean Precious Metals

Andean is a growth-focused precious metals producer that owns and operates the San

Bartolomé project located in the department of Potosí, Bolivia. San Bartolomé has been

operating continuously since 2008, producing an average of 5 million ounces of silver

equivalent per year. The Company is seeking accretive growth opportunities in Bolivia and

the wider Americas. Andean is committed to fostering safe, sustainable and responsible

operations.

For more information, please contact:

Trish Moran Anna Speyer

VP Investor Relations NATIONAL Capital Markets

[email protected] [email protected]

T: +1 416 564 4290 T: +1 416 848 1376

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.