Edmonton, Alberta–(Newsfile Corp. – December 20, 2021) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) announces a total of 64,754,228 common shares were voted either in person or by proxy at its Annual and General Meeting on December 14, which represented 66.12% of the outstanding common shares of the Company as at the record date. All the matters submitted to the shareholders, as set out in the Notice of Meeting and Information Circular dated November 15, were voted in favour, including fixing the size of the board of Peruvian Metals to five, the ratification of the Company’s 10% rolling stock option plan, and the appointment of UHY McGovern Hurley LLP, Chartered Accountants,

Edmonton, Alberta–(Newsfile Corp. – December 9, 2021) – Peruvian Metals Corp. (TSXV: PER) (OTC Pink: DUVNF) (“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. During the month of November, Peruvian Metals processed 2,997 metric tonnes (“tonnes”) of material for third parties. This amount exceeds the previous monthly record of 2,976 tonnes in October 2021. As of November, the Plant has processed 25,799 tonnes in 2021 exceeding total tonnes processed in 2019 of 18,510 and 2020 of 13,185 tonnes. The Company is also pleased to report third quarter positive adjusted

Toronto, Ontario–(Newsfile Corp. – November 24, 2021) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the (“Company”) is pleased to announce that the Company has signed a Letter of Intent (“LOI”) with Gold State Resources (TSXV: GOST) (“Gold State”) to sell the Panteria Cu-Au project which includes the Renaldo Au-Ag Zone (“the Property”) for $200,000 US cash and 9,275,000 shares of GOST. In addition to the cash and shares, a 1% NSR will be granted to Peruvian Metals and additional bonus payments totaling $1.5 million CDN will be paid in cash or shares if certain milestones are met. The Property is located 210 kilometres southeast of Lima in the Huancavelica department situated at the

(Edmonton, Alberta – November 10, 2021) Peruvian Metals Corp. (TSXV: PER / US: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce that the Company has acquired a new high-grade Silver-Lead-Zinc property (the “Property”) by submitting a superior offer in a closed bid auction at the Peruvian Public Registry of Mining. Other bidders for the area included Newmont Peru S.R.L and Mitsui Mining & Smelting Co. The Company will designate a name for the project once it has discussed its intentions with the local community. The new property covers an area of approximately 94 hectares and includes several old mine workings. The Property is road accessible from Lima by a well paved highway and

(Edmonton, Alberta – November 3, 2021) Peruvian Metals Corp. (TSXV: PER / US: DUVNF) (“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.  During the month of November, Peruvian Metals processed 2,976 metric tonnes (“tonnes”) of material for third parties. This amount exceeds the previous monthly record of 2,840 tonnes in July 2021. As of October 31, the Plant has processed 22,802 tonnes in 2021 exceeding total tonnes processed in 2019 of 18,510 and 2020 of 13,185 tonnes.   Jeffrey Reeder, CEO of Peruvian Metals, comments: “We are very pleased to achieve the milestone of full capacity.  The Company’s Aguila Norte processing facility is achieving record throughput for 2021. With the cash flow being generated, the Company has started to review its 100% owned mineral concessions to establish secure mineral feed for the plant. The Company has also acquired by application several

Edmonton, Alberta–(Newsfile Corp. – October 6, 2021) – Peruvian Metals Corp. (TSXV: PER) (OTC: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide an update regarding the mineral processing at its 80-per-cent-owned fully permitted Aguila Norte processing plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During the third quarter of 2021, the Plant processed a quarterly record 7,934 tonnes for an accumulative total for 2021 of 19,825 tonnes. The 2021 year-to-date production represents an increase of 207 % compared to the same period for 2020, and a 41% increase compared to the same period for 2019. Furthermore, mineral processing for the first nine months of 2021 has already surpassed the previous record

Edmonton, Alberta–(Newsfile Corp. – September 27, 2021) – Peruvian Metals Corp. (TSXV: PER) (OTC: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide an update regarding the exploration and development of the Palta Dorada Au-Ag-Cu project in Northern Peru. The Company has earned a 50% interest from Rio Silver Inc. (“Rio Silver”) in the second quarter of 2021 by completing it’s earn-in requirement of investing USD $250,000 into the project. Recent sampling from the main structure returned very good results including one sample of 1090 g/t Au and 643 g/t over 0.40 metres. Current development is focused on the “Main Structure” now called the “The San Juan Vein” exposed both in underground workings and

Edmonton, Alberta–(Newsfile Corp. – September 16, 2021) – Peruvian Metals Corp. (TSXV: PER) (OTC: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide an update regarding the mineral processing at its 80-per-cent-owned fully permitted Aguila Norte processing plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During the second quarter of 2021, the Company is also pleased to report second quarterly positive adjusted-EBITDA (see table below), representing a second quarterly positive EBITDA in 2021. During the second quarter, the Company invested $85,675 US into the Palta Dorada Au-Ag-Cu project completing our 50% earn-in with Rio Silver Inc. Furthermore, the yearly holding costs due June 30th of $53,180 US were paid to keep many

(Edmonton, Alberta – August 5, 2021) Peruvian Metals Corp. (TSXV : PER / US : DUVNF ) (“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. During the month of July, Peruvian Metals processed 2,840 metric tonnes (“mt”) of material for third parties. This amount exceeds the previous monthly record of 2,771 tonnes in May 2019. As of July 30, the Plant has processed 14,370 tonnes in 2021 exceeding total tonnes processed in 2020 of 13,185 tonnes. The Company expects a record year for 2021 and is on track to

Edmonton, Alberta–(Newsfile Corp. – July 12, 2021) – Peruvian Metals Corp. (TSXV: PER) (OTC: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide an update regarding the mineral processing at its 80-per-cent-owned fully permitted Aguila Norte processing plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During the first six months of 2021 the Plant processed a record 11,890 tonnes of third-party mineral, compared with 2212 tonnes in 2020 and 9,615 tonnes in 2019. The 2021 year-to-date production represents an increase of 437 % compared to the same period for 2020, and a 24 % increase in the first half compared to the same period for 2019. Processing during the first half of