Company Website: https://mineros.com.co/en/
MEDELLIN, Colombia -- (Business Wire)

Mineros S.A. (TSX:MSA, MINEROS:CB) (“Mineros” or the “Company”) announces that its board of directors (the “Board”) has granted an authorization required under applicable Colombian laws to permit directors and management to buy or sell issued and subscribed ordinary shares of Mineros (the “Mineros Shares”) in the market. Authorization was granted in the context of the Amended Sun Valley Offer, as such term was defined in the news release issued March 4, 2025, and will last for seven calendar days, concluding on Thursday, March 20, 2025. Any decision to participate in the Amended Sun Valley Offer or to buy or sell Mineros Shares in the market remains at the discretion of the directors and management of Mineros. The authorization was granted in strict compliance with Mineros’ Policy on the Use of Privileged Information and related applicable regulations, at a meeting held on March 13, 2025, as recorded in Minute No. 583 of the Board. In accordance with applicable Colombian laws and regulations, the Board granted the authorization under the condition that no privileged information was held by any member of the Board or management.

This press release is issued in compliance with the disclosure requirements of applicable Colombian laws and regulations.

ABOUT MINEROS S.A.

Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua, and a pipeline of development and exploration projects.

The board of directors and management of Mineros have extensive experience in mining, corporate development, finance, and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For almost 50 years Mineros has operated with a focus on safety and sustainability at all its operations.

Mineros’ common shares are listed on the Toronto Stock Exchange under the symbol “MSA”, and on the Colombia Stock Exchange under the symbol “MINEROS”.

FORWARD-LOOKING STATEMENTS

This news release contains “forward looking information” within the meaning of applicable Canadian securities laws. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially from those anticipated. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law. Forward looking information includes statements that use forward looking terminology such as “may”, “could”, “would”, “will”, “should”, “intend”, “target”, “plan”, “expect”, “budget”, “estimate”, “forecast”, “schedule”, “anticipate”, “believe”, “continue”, “potential”, “view” or the negative or grammatical variation thereof or other variations thereof or comparable terminology. Such forward looking information includes, without limitation, statements with respect to the Amended Sun Valley Offer, including its terms, and timing; the potential participation by any member of the Board or management in the Amended Sun Valley Offer; and any other statement that may predict, forecast, indicate or imply future plans, intentions, levels of activity, results, performance or achievements.

Forward looking information is based upon estimates and assumptions of management considering management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this news release. While the Company considers these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking information. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.

For further information of these and other risk factors, please see the “Risk Factors” section of the Company’s annual information form dated March 25, 2024, available on SEDAR+ at www.sedarplus.com.

The Company cautions that the foregoing lists of important assumptions and factors are not exhaustive. Other events or circumstances could cause actual results to differ materially from those estimated or projected and expressed in, or implied by, the forward-looking information contained herein. There can be no assurance that forward looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information.

Forward-looking information contained herein is made as of the date of this news release and the Company disclaims any obligation to update or revise any forward looking information, whether as a result of new information, future events or results or otherwise, except as and to the extent required by applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250314436387/en/

Contacts:

For further information, please contact:

Ann Wilkinson
VP of Investor Relations
+1 (647) 496-3011
ann.wilkinson@mineros.com.co

Juan Obando
Investor Relations Manager
(+57) 574 266 5757
juan.obando@mineros.com.co

Bettina Filippone
Renmark Financial Communications Inc.
+1 (514) 939-3989 or +1 (212) 812-7680
bfilippone@renmarkfinancial.com

Source: Mineros S.A.