Andean Precious Metals Announces Results of the Annual General Meeting of Shareholders

Rhea-AI Summary

Andean Precious Metals Corp. (TSXV: APM) (OTCQX: ANPMF) held its Annual General Meeting of Shareholders on August 15, 2024. The meeting saw a strong shareholder turnout, with 88.37% of the company's total issued and outstanding shares represented. Shareholders approved all management resolutions, including:

• Fixing the number of directors at seven
• Electing seven members to the Board of Directors
• Re-approving KPMG LLP as the company's auditors

The elected Board members are Grant Angwin, Yohan Bouchard, Felipe Canales, Peter Gundy, Alberto Morales, Ramiro Villarreal, and Michele Ashby.

Positive

• High shareholder participation with 88.37% of shares represented at the meeting
• All management resolutions were approved by the majority of shareholders

Negative

• None.

Toronto, Ontario--(Newsfile Corp. - August 15, 2024) - Andean Precious Metals Corp. (TSXV: APM) (OTCQX: ANPMF) ("Andean" or the "Company") today announced the voting results from the Company's Annual General Meeting of Shareholders (the "Meeting") held on Thursday, August 15, 2024.

A total of 132,185,426 common shares, representing 88.37% of the Company's total issued and outstanding shares, were voted at the Meeting. The majority of shareholders voted in favor of the management resolutions presented, including:

1. The number of directors of the Company was fixed at seven (7)
2. The members elected to the Company's Board of Directors for the ensuing year are as follows:
   • Grant Angwin
   • Yohan Bouchard
   • Felipe Canales
   • Peter Gundy
   • Alberto Morales
   • Ramiro Villarreal
   • Michele Ashby
3. KPMG LLP was re-approved as auditors for the Company for the ensuing year

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
amallough@andeanpm.com
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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220153

FAQ

When was Andean Precious Metals' (ANPMF) Annual General Meeting held in 2024?

Andean Precious Metals' (ANPMF) Annual General Meeting was held on Thursday, August 15, 2024.

How many directors were elected to Andean Precious Metals' (ANPMF) Board in 2024?

Seven directors were elected to Andean Precious Metals' (ANPMF) Board of Directors for the ensuing year.

What percentage of Andean Precious Metals' (ANPMF) shares were represented at the 2024 Annual General Meeting?

A total of 88.37% of Andean Precious Metals' (ANPMF) total issued and outstanding shares were represented at the 2024 Annual General Meeting.

Who was re-approved as the auditor for Andean Precious Metals (ANPMF) at the 2024 Annual General Meeting?

KPMG LLP was re-approved as the auditor for Andean Precious Metals (ANPMF) for the ensuing year at the 2024 Annual General Meeting.