Company Announcements

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18 June 2021

Hochschild Announces Commencement of Trading on OTCQX

Hochschild Mining PLC ("Hochschild" or "the Company") (LSE: HOC) (OTCQX: HCHDF) is pleased to announce that its ordinary shares are now trading on the OTCQX Best Market under the ticker symbol of HCHDF. The OTCQX Best Market is the highest market tier of OTC Markets on which 11,000 U.S. and global securities trade. Trading on the OTCQX Market will enhance the visibility and accessibility of the Company to U.S. investors. Hochschild's ordinary shares will continue to trade on the LSE.

Ignacio Bustamante, Chief Executive Officer said:

"We see trading on the OTCQX Best Market as a valuable opportunity and believe it will provide a cost-effective way to access U.S. investors, who have shown a strong historical appetite for investing in non-U.S. stocks as well as the global mining sector. We expect Hochschild's focus on silver and gold and also on rare earths to be of particular interest to U.S. investors and we are optimistic that this interest will translate into increased U.S. ownership of our shares."

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Enquiries:

Hochschild Mining PLC

Charles Gordon                                                                                                                                                 +44 (0)20 3709 3264

Head of Investor Relations

Hudson Sandler

Charlie Jack                                                                                                                                                        +44 (0)207 796 4133

Public Relations

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About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) and crosstrades on the OTCQX Best Market in the U.S. (HCHDF), with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also has numerous long-term projects throughout the Americas.

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Forward looking statements

This announcement may contain forward looking statements. By their nature, forward looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will or may occur in the future. Actual results, performance or achievements of Hochschild Mining PLC may, for various reasons, be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.

The forward looking statements reflect knowledge and information available at the date of preparation of this announcement. Except as required by the Listing Rules and applicable law, the Board of Hochschild Mining PLC does not undertake any obligation to update or change any forward looking statements to reflect events occurring after the date of this announcement. Nothing in this announcement should be construed as a profit forecast.

Note

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (Regulation (EU) No.596/2014). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

LEI: 549300JK10TVQ3CCJQ89

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