Mineros S.A. Strengthens Strategic Vision with Appointment of Augusto López Valencia as Chairman of the Board of Directors

MEDELLÍN, Colombia--(BUSINESS WIRE)--Mineros S.A. (TSX:MSA, MINEROS:CB) (“Mineros” or the “Company”) announces the appointment of Augusto López Valencia as Chairman of the Board of Directors, effective April 14, 2025. This decision marks a new phase in the Company’s strategic vision and direction following the arrival of Sun Valley Investments as a shareholder, reinforcing the Company’s commitment to shared value creation and responsible, sustainable mining.

With more than five decades of experience, Mr. López Valencia is one of Colombia’s most respected business leaders, known for his significant contributions to Colombia’s economic and industrial development. He served as President of Bavaria S.A. for 15 years, leading the company through a period of expansion, innovation, and transformation. His leadership coincided with the consolidation of the Santo Domingo Group as one of Latin America’s most prominent business conglomerates.

Mr. López Valencia has held board positions at several of Colombia’s leading companies, including Avianca, Valores Bavaria S.A., Colseguros, Sofasa, Caracol Televisión, Banco Comercial Antioqueño, Gran Colombia Gold, Bancóldex, Carulla-Vivero, and Metro de Medellín. He currently serves on the boards of Grupo Ethuss, Win Sports, and Uniempresarial.

In recognition of his leadership and impact, he has received numerous national and international honors, including the Order of the Congress of the Republic of Colombia and the Ordre National du Mérite of France.

His appointment will further strengthen the strategic vision of Mineros S.A. — a forward-looking commitment to creating shared value, promoting ethical and responsible mining, embracing innovation, and enhancing transparency and governance. This vision serves as a guiding framework for the Company’s long-term growth, aligning its operations with the expectations of shareholders, communities, and the broader region.

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 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”.