Edmonton, Alberta–(Newsfile Corp. – July 6, 2020) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company” is pleased to announce that the Company plans to initiate during the third quarter an exploration and bulk sampling program on the high grade Au-Ag-Cu Palta Dorada project (“Palta Dorada”, “Property”) located in the Ancash Department of Peru. Permits have been approved to extend the underground workings at the main exploration target on the property. The extracted mineralized material will form the bulk samples and will be processed at Peruvian Metals’ Aguila Norte Processing Plant. The Company signed a Memorandum of Understanding (“MOU”) with Rio Silver Inc. (“Rio Silver”) in early January 2020 (see the Company’s news release January

Edmonton, Alberta–(Newsfile Corp. – June 25, 2020) – Peruvian Metals Corp.(TSXV: PER) (“Peruvian Metals” or the “Company”) is now preparing to restart mineral processing at its 80% owned Aguila Norte Flotation Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. Since mid-March, 2020, the Peruvian government restricted all non-essential transportation and travel within the country including strict quarantine and curfew periods throughout the country due to the COVID-19 virus. In mid-May the Peruvian government announced four phases for reopening of the Peruvian economy. The first phase granted permission to reopen large-scale mining operations in May, 2020. In early June, the government initiated the second phase which allows the reopening of small and medium sized

Edmonton, Alberta–(Newsfile Corp. – April 29, 2020) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company“) announces that it is relying on the extension provided by Canadian securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A (together, the “Financials”) for the fiscal year ended December 31, 2019. Accordingly, the Company will file such Financials no later than the extended deadline of June 15, 2020. Until the Financials are filed, the Company’s management and directors are subject to a trading black-out that reflects the principles in Section 9 of National 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. The Company confirms that

Edmonton, Alberta–(Newsfile Corp. – March 27, 2020) –  Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company“) is pleased to provide an update regarding the mineral processing at its 80% owned fully permitted Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. On March 16, 2020, the Peruvian government restricted all non-essential transportation and travel within the country in addition to declaring a 15-day quarantine whereby all citizens are to stay and work from home if possible. Yesterday, March 26th, the Peruvian President Martin Vizcarra extended the country wide quarantine to April 12th. The restriction included a halt to all transportation including domestic and international flights. Essential businesses and services are

Edmonton, Alberta–(Newsfile Corp. – March 5, 2020) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the (“Company”) is pleased to announce that it has sold the Company’s 100% owned subsidiary Corongo Exploraciónes(“Corongo”) to Mines & Metals Trading (Peru) PLC (“MMTP”) for $200,000 US cash and $600,000 US in shares. Corongo holds several concessions totaling 2420 hectares located in the Huachocolpa Mining District in South-Central Peru. MMTP is a private company based in Isle of Man and owns the 600 tonnes per day Recuperada Mill located near Corongo’s properties. MMTP has recently entered into an arm’s-length definitive business combination agreement dated Dec. 23, 2019, with Zincore Metals Inc. (“Zincore”) to complete a reverse takeover (“RTO”)

Edmonton, Alberta–(Newsfile Corp. – January 9, 2020) – Peruvian Metals Corp.(TSXV: PER) (“Peruvian Metals” or the “Company”) has signed a Memorandum of Understanding (“MOU”) with Rio Silver Inc. (“Rio Silver”) to jointly explore the Palta Dorada Au-Ag-Cu Property (“Palta Dorada” or the “Property”) by initially conducting a detailed sampling and mapping program along with a bulk sampling campaign and processing the mineral at Peruvian Metals’ 80% owned Aguila Norte Processing Plant (“Aguila Norte or Plant”). The Palta Dorada Au-Ag-Cu Property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 1200 hectares. The Property is accessible from the Plant by approximately 180 kms of mainly paved roadway. The MOU