Andean Precious Metals Announces Filing of Articles of Continuance

Toronto, March 13, 2024 - Andean Precious Metals Corp. (TSXV: APM) (OTCQX: ANPMF) ("Andean" or the "Company") today announced that the Company has filed articles of continuance to continue out of the jurisdiction of the Business Corporations Act (British Columbia) and into the jurisdiction of the Business Corporations Act (Ontario), effective March 8, 2024 (the "Continuance").

The Continuance was approved at the Company's annual general and special meeting of shareholders held on August 31, 2023. The principal effects of the Continuance are detailed in the management information circular dated July 19, 2023. The management information circular and constating documents of the Company following the Continuance are available under the Company's profile on SEDAR+ (www.sedarplus.ca).

About Andean Precious Metals Corp.

Andean is a growing precious metals producer focused on 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 mid-tier precious metals producer.

For more information, please contact:

Trish Moran
VP Investor Relations
tmoran@andeanpm.com
T: +1 416 564 4290

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.

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