Andina Gold Corp. announced further development of the company's focus and strategy. At its meeting on October 29, 2020, the Company's Board of Directors reaffirmed its August 11 decision to shift away from the U.S. cannabis market and toward exploration opportunities in previously inaccessible districts of Colombia's historically productive gold mining regions. At the August 11 meeting, as a step toward acting on its decision, the company added two Directors to its Board, Mr. Carlos Andrés Hernández and Mr. Gary Artmont, who brought extensive experience in Colombian mining and mineral exploration. The new directors broadened the Company's capabilities, which already included expertise in finance, capital market and international governmental and regulatory matters. Andina Gold's Colombian subsidiary, Andina Gold Colombia S.A.S., was duly established in August 2020 and now is qualified to conduct business in the country.