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Andean Silver Limited (ASX:ASL)

ALERT: Price-sensitive ASX Announcement for ASL
Current share price for ASL : $2.140 0.245 (12.93%)+
Announcement
Release
1 Jul 2026 9:16AM
Price at Release
$1.895
Full Release
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Summary
Andean Silver Limited has announced the appointment of Matthew Allen as Managing Director, effective July 1, 2026. Mr. Allen, who has been serving as CEO since February 2026, will now formalize his executive leadership role at the Board level as the company advances its Cerro Bayo Silver-Gold Project in Chile. This appointment is part of Andean's strategic effort to enhance resource growth and development towards production. Mr. Allen brings extensive experience in project development, operations, financing, and mergers and acquisitions, previously holding the position of Managing Director and CEO of Otto Energy Limited. The Board of Andean Silver Limited supports his appointment, expecting it to contribute significantly to building momentum and delivering shareholder value. Details of Mr. Allen’s remuneration are provided in Appendix A of the announcement.
Key Points
  • Matthew Allen appointed as Managing Director of Andean Silver Limited.
  • Mr. Allen has been CEO since February 2026.
  • The company is focused on the Cerro Bayo Silver-Gold Project in Chile.
  • Mr. Allen has a strong background in the resources sector.
  • His past role was Managing Director and CEO of Otto Energy Limited.
  • The Board aims to enhance leadership at Board level for strategic growth.
  • Details of Mr. Allen's remuneration are included in the announcement.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.