MANTARO CHANGES NAME TO FIRST ANDES SILVER

Vancouver, British Columbia. April 18, 2024 – Mantaro Precious Metals Corp. (TSXV: MNTR; OTCQB: MSLVF; FSE: 9TZ) (the “Company”) is pleased to announce that it has changed its name to “First Andes Silver Ltd.”. The Company’s common shares will commence trading under the new name on the TSX Venture Exchange effective open of markets on April 23, 2024. The new stock symbol will “FAS”.

The CUSIP number assigned to the Company’s shares following the name change will be 31866G102. No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of under the old name will not be affected by the name change and will not need to be exchanged.

The Company’s new website will be “firstandes.com”.

About First Andes Silver Ltd.

First Andes Silver Ltd. is a British Columbia company that holds a 100% interest in the high-grade Santas Gloria silver property, located in Peru.

For more information please contact:

Jacob Garland

Phone: (604) 806-0626

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to Company’s limited operating history, ability to obtain sufficient financing to carry out its exploration programs and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.