Edmonton, Alberta–(Newsfile Corp. – May 21, 2021) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) is pleased to announce that it has retained Independent Trading Group Inc. (ITG) to provide market-making services in accordance with TSX Venture Exchange policies. ITG will trade shares of the Company on the TSXV for the purposes of maintaining an orderly market and improving the liquidity of the Company’s shares. ITG will not receive shares or options as compensation. However, ITG and its clients may have or may acquire a direct interest in the securities of the Company. Peruvian Metals and ITG are unrelated and unaffiliated entities. ITG is a member of the Investment Industry Regulatory Organization

Edmonton, Alberta–(Newsfile Corp. – April 7, 2021) – Peruvian Metals Corp. (TSXV: PER) (OTC: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide an update on mineral processing at its 80% owned Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During the first quarter of 2021 the Plant completed six mineral campaigns processing a total of 5,934 metric tonnes (mt). This year’s first quarter production exceeded production levels in the first quarters of 2019 (2,103 mt) and 2020 (2,212 mt) by more than 168%. The Company is extremely pleased with the record first quarter production and the completion of the concentrate drying area expansion and now is able to accept more

Edmonton, Alberta–(Newsfile Corp. – February 25, 2021) –  Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) is pleased to provide an update on mineral processing at its 80% owned Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. Mineral processing restarted in January 2021 and the Plant has now completed four mineral campaigns as of February 23rd, 2021. For the month of January 2021, the Company processed 1,820 metric tonnes (“mt”) and 1670 mt in February for a total of 3490 mt. First quarter production to date has now exceeded production levels in the first quarters of 2019 (2103 mt) and 2020 (2212 mt) by more than 50%. Production levels for

Edmonton, Alberta–(Newsfile Corp. – January 5, 2021) – 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. During 2020, the Plant processed 13,185 tonnes of third-party mineral compared to 18,510 tonnes in 2019. The decrease in the amount of processing was due to the COVID pandemic whereby the plant was closed from March 16th to July 27th. During the fourth quarter of 2020, Peruvian Metals processed 6,732 tonnes of mineralized material, an increase of 66.8% compared to 2019 fourth quarter processing of 4,496 tonnes. Since