MARKET WIRE NEWS

Andean Precious Metals Announces Intention to List on the New York Stock Exchange

MWN-AI** Summary

Andean Precious Metals Corp. (TSX: APM, OTCQX: ANPMF) has announced its intention to apply for a listing of its common shares on the New York Stock Exchange (NYSE). This strategic move aims to broaden the company's investor base, enhance liquidity, and improve visibility among North American institutional investors. To initiate the process, Andean has started engaging advisors, preparing the necessary application materials, and reviewing its corporate structure and governance to comply with U.S. listing standards. If successful, Andean plans to list under a new ticker symbol while maintaining its presence on the Toronto Stock Exchange.

Alberto Morales, Executive Chairman and CEO, emphasized that this listing represents a pivotal moment in the company’s growth trajectory. He believes a U.S. listing will significantly elevate Andean's profile among institutional investors and research analysts while positioning it alongside its North American peers in the precious metals sector. With increased market visibility and access to a more expansive global investor base, the company aims to accelerate its long-term growth strategy and enhance shareholder value.

Andean Precious Metals focuses on expanding its operations in top-tier jurisdictions across the Americas, operating facilities such as the San Bartolome processing plant in Bolivia and the Golden Queen mine in California. The company is well-capitalized to capitalize on future opportunities and strives to create value through safe, sustainable, and responsible mining practices.

However, the company cautions investors regarding forward-looking statements, highlighting potential risks associated with meeting NYSE listing requirements and other uncertainties that could affect anticipated outcomes.

MWN-AI** Analysis

Andean Precious Metals Corp.'s announcement regarding its intention to list on the New York Stock Exchange (NYSE) marks a pivotal moment, both for the company and potential investors. This strategic move aims to broaden Andean's investor base and enhance liquidity, thereby offering exciting prospects for growth in a competitive market.

Investors should view this planned NYSE listing as a positive development. By situating itself in one of the world’s leading capital markets, Andean is poised to attract institutional investors and increase overall market visibility. Such enhancements typically correlate with stock price appreciation due to heightened demand and interest, which could bode well for current and prospective shareholders.

However, potential investors should also carefully consider the inherent risks associated with this transition. The company must navigate various regulatory approvals and adherence to stringent NYSE listing requirements, which could pose challenges. There remains the possibility that unforeseen delays or complications may arise during the listing process, potentially impacting the anticipated benefits.

Moreover, investors ought to evaluate Andean's operational fundamentals, including its existing assets such as the San Bartolome processing facility and Golden Queen mine. The firm’s proven ability to execute on growth opportunities amidst market headwinds is critical. A well-regarded management team and sustainable operational practices will also play a significant role in the company’s future performance.

In summary, while the decision to list on the NYSE indicates a bold growth strategy and offers potential upside, prudent investors should balance this enthusiasm with a comprehensive understanding of the risks. Careful monitoring of Andean’s progress toward listing and its operational milestones will be essential in making informed investment decisions in this dynamic market landscape.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: TMX Newsfile

Toronto, Ontario--(Newsfile Corp. - March 10, 2026) - Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) ("Andean" or the "Company") is pleased to announce its intent to apply for a listing of its common shares on the New York Stock Exchange ("NYSE"). This strategic initiative is part of Andean's plan to broaden its investor base, increase liquidity, and enhance its visibility among North American institutional investors.

The Company has commenced the initial regulatory and administrative steps required for listing, including engaging relevant advisors, preparing the NYSE application materials, and reviewing its corporate structure and governance status to meet U.S. market listing standards. Subject to completion of these steps and approval by the NYSE, Andean expects to commence trading on the New York Stock Exchange under a new ticker symbol to be announced prior to listing, while continuing to trade on the Toronto Stock Exchange under the symbol "APM".

Alberto Morales, Executive Chairman and CEO stated: "Listing on the New York Stock Exchange marks a transformative milestone in Andean's growth journey and reflects the meaningful progress we have made in advancing our business and positioning the company for the long-term. A U.S. listing opens the door to the world's deepest and most dynamic capital markets, elevates our profile among leading institutional investors and research analysts, and positions Andean alongside its North American precious metals peers. With enhanced market visibility and access to a broader global investor base, we are well positioned to accelerate the execution of our long-term growth strategy and create sustained value for our shareholders."

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 Bartolome processing facility in Potosí, Bolivia and the Golden Queen 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

Caution Regarding Forward-Looking Statements

Certain statements and information in this release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking statements in this release include, but are not limited to, statements and information regarding the Company's intention to apply for a listing of its common shares on the New York Stock Exchange, the anticipated timing of such listing, the completion of the listing process, the receipt of all required approvals, including approval of the NYSE, the ticker symbol under which the Company's common shares may trade on the NYSE, and the anticipated benefits of a U.S. listing, including increased liquidity, enhanced market visibility and access to a broader investor base. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: the Company's ability to satisfy the listing requirements of the NYSE, the timely preparation and submission of required application materials, the receipt of necessary regulatory and exchange approvals, and general market and economic conditions. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking statements. Such risks and uncertainties include, but are not limited to, the risk that the Company may not meet the listing requirements of the NYSE, that the listing application may not be approved or may be delayed, that the anticipated benefits of a listing on the NYSE may not be realized, and other factors contained in the section entitled "Risk Factors" in the Company's MD&A for the three and nine months ended September 30, 2025.

Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included in this release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287881

FAQ**

How will the listing of Andean Precious Metals Corp ANPMF on the NYSE impact Toronto’s financial market dynamics, and what implications could it have on local investor sentiment?

The listing of Andean Precious Metals Corp on the NYSE may enhance Toronto’s financial market dynamics by increasing visibility and liquidity, potentially boosting local investor sentiment as they gain access to a broader investor base and heightened market activity in precious metals.

What are the potential benefits for Canadian investors of Andean Precious Metals Corp ANPMF transitioning from the TSX to a dual listing on the NYSE?

The potential benefits for Canadian investors of Andean Precious Metals Corp's transition to a dual listing on the NYSE include increased liquidity, broader access to a larger pool of institutional investors, enhanced visibility, and the potential for improved stock valuation.

How might Andean Precious Metals Corp ANPMF's U.S. listing influence the competitive landscape for precious metals companies operating in Toronto and the broader Canadian market?

Andean Precious Metals Corp's U.S. listing could enhance its visibility and access to capital, potentially attracting investor interest away from Canadian competitors, thereby intensifying the competitive landscape in both Toronto and the broader Canadian precious metals market.

In what ways could the increased visibility of Andean Precious Metals Corp ANPMF on the NYSE affect other Toronto-based mining companies seeking international listings?

The increased visibility of Andean Precious Metals Corp on the NYSE could inspire other Toronto-based mining companies to pursue international listings to enhance their own market presence, attract a broader investor base, and gain access to greater capital opportunities.

**MWN-AI FAQ is based on asking OpenAI questions about Andean Precious Metals Corp (OTC: ANPMF).

Andean Precious Metals Corp

NASDAQ: ANPMF

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Mining
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