Received by email:

File: 15Feb27_Officer.pdf

                             AndeanGold Announces Appointment of
                                       President and CEO
                              and the Closing of a Private Placement

Vancouver, B.C. � February 27, 2015 � Tom Yarmon, Chairman of AndeanGold Ltd. ("the
Company" or "AndeanGold") (TSX Venture Exchange: AAU, Bolsa de Valores de Lima: AAU)
is pleased to announce that, further to its news release of November 12, 2014, Alexander Pe�a
B�ttcher has agreed to act as the Company's President and Chief Executive Officer, effective
immediately. Mr. Yarmon, Chairman of the Board of the Company, added "The Board is
grateful to Mr. Pe�a Bottcher for having filled the post on an interim basis, and acknowledges
the important contributions he has made in directing the Company since that time, particularly in
advancing plans for the promising Urumalqui project in Peru."

The Company also is pleased to announce that it has closed (the "Closing") its previously
announced $137,014 non-brokered private placement (the "Placement") (news releases of
December 4, 2014 and January 22, 2015). Pursuant to Closing, the Company has issued an
aggregate 4,567,133 shares (the "Shares") at a price of $0.03 per Share. In accordance with
securities legislation currently in effect in Canada, the Shares will be subject to a "hold period" of
four months plus one day from the date of closing of the private placement. $125,000 of the
proceeds were used to complete the acquisition of a 40% interest in the Urumalqui Project, Peru
(see the Company's news release dated December 23, 2014). The balance of the proceeds will
be used for general working capital purposes. An additional Private Placement for $135,000
was announced on February 26, 2015.

About AndeanGold Ltd:

AndeanGold Ltd. is engaged in the acquisition, exploration and potential development of metals
properties, principally in Peru and Ecuador. The focus of the Company's exploration activities is
presently in advancing its Urumalqui Project. In Ecuador, the Company's activities have been
limited to maintaining its three properties. In September 2012, the Company received
authorization from the MRNNR to renew exploration programs on its Ecuadorian Curiplaya
Project.    Please refer to AndeanGold's website at www.andeangoldltd.com for further
information on the Company's projects and activities.

On Behalf of the Board of Directors of
ANDEANGOLD LTD.
Alexander Pe�a B�ttcher
Interim President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT the CORPORATE OFFICE:
Alexander Pe�a, AndeanGold Ltd.
Phone: (51) 94020.8400
Email: alexander@andeangoldltd.com
Website: www.andeangoldltd.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 2
 

File: 15Feb27_Officer.doc

 


AndeanGold Announces Appointment of  President and CEO  and the Closing of a Private Placement

Vancouver, B.C. - February 27, 2015 - Tom Yarmon, Chairman of AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX Ven
--->ture Exchange: AAU, Bolsa de Valores de Lima: AAU) is pleased to announce that, further to its news release of Novembe
--->r 12, 2014, Alexander Pena Bottcher has agreed to act as the Company's President and Chief Executive Officer, effectiv
--->e immediately.  Mr. Yarmon, Chairman of the Board of the Company, added "The Board is grateful to Mr. Pena Bottcher fo
--->r having filled the post on an interim basis, and acknowledges the important contributions he has made in directing th
--->e Company since that time, particularly in advancing plans for the promising Urumalqui project in Peru."
The Company also is pleased to announce that it has closed (the "Closing") its previously announced $137,014 non-broke
--->red private placement (the "Placement") (news releases of December 4, 2014 and January 22, 2015). Pursuant to Closing,
---> the Company has issued an aggregate 4,567,133 shares (the "Shares") at a price of $0.03 per Share. In accordance with
---> securities legislation currently in effect in Canada, the Shares will be subject to a "hold period" of four months pl
--->us one day from the date of closing of the private placement. $125,000 of the proceeds were used to complete the acqui
--->sition of a 40% interest in the Urumalqui Project, Peru (see the Company's news release dated December 23, 2014). The 
--->balance of the proceeds will be used for general working capital purposes.  An additional Private Placement for $135,0
--->00 was announced on February 26, 2015.
About AndeanGold Ltd:
AndeanGold Ltd. is engaged in the acquisition, exploration and potential development of metals properties, principally
---> in Peru and Ecuador. The focus of the Company's exploration activities is presently in advancing its Urumalqui Projec
--->t. In Ecuador, the Company's activities have been limited to maintaining its three properties. In September 2012, the 
--->Company received authorization from the MRNNR to renew exploration programs on its Ecuadorian Curiplaya Project.  Plea
--->se refer to AndeanGold's website at www.andeangoldltd.com for further information on the Company's projects and activi
--->ties.
On Behalf of the Board of Directors of  ANDEANGOLD LTD.  Alexander Pena Bottcher Interim President and CEO   FOR FURTH
--->ER INFORMATION PLEASE CONTACT the CORPORATE OFFICE:
Alexander Pena, AndeanGold Ltd.
Phone: (51) 94020.8400
Email: alexander@andeangoldltd.com
Website: www.andeangoldltd.com 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.