Announcement • Feb 14
First Andes Silver Ltd. announced that it has received CAD 2.005 million in funding On February 13, 2026, the First Andes Silver Ltd closed the transaction. In connection with the offering, the company paid finders' a fee in cash totaling CAD 120,790 and issued total of 1,001,583 share purchase warrants. Ian Stalker, the company's executive chairman and a director of the company, subscribed for 1,041,667 common shares, contributing CAD 125,000 to the offering. Announcement • Jan 22
First Andes Silver Ltd. announced that it expects to receive CAD 2 million in funding First Andes Silver Ltd. announced a private placement of up to 16,666,667 common shares at a price of CAD 0.12 per common share for aggregate gross proceeds of up to CAD 2,000,000.04 on January 21, 2026. The company may pay finders a fee in cash and share purchase warrants as permitted under the rules of the TSX Venture Exchange. Each finder’s warrant will be exercisable at a price of CAD 0.12 per share for a period of two years from the date of issue. Closing is subject to the acceptance of the TSX Venture Exchange. Announcement • Jan 20
First Andes Silver Ltd. Identifies Multi-Kilomet Alteration Cell (1.3 X 2 Km) from Worldview-3 Data, Santas Gloria Project, Peru First Andes Silver Ltd. reported the identification of a kilometer-scale zoned alteration cell at its 100%-owned Santas Gloria Project ("Santas Gloria" or the "Project") in Peru, following interpretation of the new WorldView-3 ("WV-3") short-wavelength infrared ("SWIR") spectral alteration mineral mapping data ("WV-3 SWIR"). The alteration assemblage, zonation, and structural control are consistent with a well-developed intermediate-sulphidation epithermal ("ISE") system. WV-3 SWIR data has defined a 1.3 km x 2 km zoned alteration cell, coincident with several mapped but fully undrilled vein systems which collectively total >5 km of strike length; Alteration cell is strongly zoned and exhibits a mineral assemblage consistent with the expected architecture of a well-developed intermediate-Sulphidation epithermal system: Sericite-dominant inner core with localized argillic overprint (kaolinite); Hematite-rich iron-oxide zones nested within the sericite-dominant core, interpreted as oxidation of sulphide-bearing structures along principal fluid pathways; Broad, lower-temperature clay halo (montmorillonite) that expands away from the core; Distal chlorite-epidote +- calcite alteration interpreted as propylitic wall-rock alteration. The alteration footprint is structurally controlled, forming an elongate corridor with clustered alteration pods, consistent with fault/fracture-focused fluid flow typical of ISE vein systems; WV-3 SWIR mineral mapping provides a new, high-resolution targeting layer to prioritize follow-up work by focusing on core-domain areas with coincident sericite +- kaolinite and hematitic zones; Results support immediate follow-up fieldwork to ground-truth alteration boundaries, refine structural interpretation, and conduct systematic sampling across core-to-halo transitions; Phase 2 soil sampling over the southern half of the Project (incl. alteration cell) is to commence in March (1,430 samples), and assays from Phase 1 (1,037 soils) are anticipated in 2-3 weeks. 
