Andean Precious Metals Corp. closes bought public secondary offering of common shares for gross proceeds of approximately $95.6M

On January 28, 2026, Andean Precious Metals Corp. ("Andean") announced the closing of bought deal secondary offering of 9,102,250 common shares of Andean by PMB Partners LP at a price of C$10.50 per common share for total gross proceeds of C$95,573,625, including the full exercise of the underwriters' option. The offering was led by National Bank Financial Inc., as lead underwriter and sole bookrunner, together with a syndicate of underwriters.

McCarthy Tétrault advised the underwriters with a team led by Nancy Choi that included Samantha Pettinato, Maneet Kahlon, Amin Tehrani, Annie Poirier-Simard (Corporate), Erica Hennessey and Amanda Bratton (Tax).