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| NEWS RELEASE
TSX-V:AAG ANDEAN AMERICAN ENGAGES VANTAGES COMMUNICATION FOR INVESTOR RELATIONS Vantage will provide investor relations services commencing March 15, 2008 and terminating June 1st, 2008. An additional twelvemonth term consisting of 4 three-month sub-terms will commence on june 1, 2008 and terminate on June 1,2009, subject to TSX Venture Exchangge approval. Vantage will receive a monthly fee of CAD$6000, plus approved disbursements. Vantage will, upon engagement and subject to Boarand regulatory approvals, receive a stock option package of 50,000 shares priced at CAD$0.74 per share valid for three years. Upon decision to move forward with an additional twelve month program, a new total of 300,000 shares will be issued to Vantage which will include the 50,000 initial shares and will be issued quarterly in allotments of 75,000 per quarter at the initial stake price of CAD$0.74. These non-assignable, non-transferable options are subject to the dictates of the Company Stock Option Plan and the usual vesting rules of the Exchange. In the event of termination of this agreement, any outstanding options would expire after 30 days, as dedicated by the rules of the TsX Venture Exchange. On behalf of Andean American Mining Corp., “John Huguet About Vantage: Contacts: Vantage Communications Ltd: This news release may contain forward-looking information within the meaning of the Securities Act (Ontario) ("forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factowhich may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and costs estimates and the potential for unexpected costs completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain dequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.
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