Andean Precious Metals Corp. announced that Mr. Ramiro Villarreal Morales and Mr. Felipe Canales Tijerina are appointed to the Board of Directors effectively immediately. To accommodate these appointments, Mr. Fraser Buchan resigned from the Board but will continue to advise Andean in respect of corporate development and investor relations activities.

Mr. Ramiro Villarreal Morales has more than 50 years of professional experience in the legal and financial fields. Mr. Felipe Canales Tijerina has 40 years of experience in the corporate finance and strategy areas, with over 25 years in top executive positions at major public companies.