Andean Silver Names Ray Shorrocks Interim Chair as David Southam Retires

• Andean Silver Chairman David Southam retires Oct. 31, 2026; existing director Ray Shorrocks becomes interim chair.
• Southam will remain a consultant as the board seeks directors with South American operational experience and North American financial markets exposure.
• Alvaro Fuentes, previously KGHM general manager, becomes general manager, Cerro Bayo Asset, overseeing development studies and operational readiness.
• Paul Murphy, formerly Mining Plus manager for South America, becomes manager, mine development and feasibility planning, reporting to Fuentes.
• Technical Director Tim Laneyrie becomes general manager, strategy and growth; COO Damien Koerber becomes executive advisor, special projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andean Silver Ltd. published the original content used to generate this news brief on October 25, 2026, and is solely responsible for the information contained therein.