Edmonton, Alberta–(Newsfile Corp. – October 7, 2024) – Peruvian Metals Corporation (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce that the Company has completed the purchase of the remaining 50% interest in the Palta Dorada Gold-Silver-Copper property (“Palta Dorada” or the “Property”) located in Northern Peru, resulting in 100% ownership (previously announced on January 15, 2024). Rio Silver Inc. will retain a 3% NSR on mineral sales from the property capped at $2 million US. The consolidation of Palta Dorada provides the Company with a strategic advantage due to the unique high-grade gold-silver mineralization that occurs as both oxides and sulphides. Peruvian Metals’ 80% owned Aquila Norte flotation plant is located 120

Edmonton, Alberta–(Newsfile Corp. – October 1, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”), further to its press releases of September 11, 2024 and September 16, 2024, is pleased to announce the closing of its previously announced non-brokered private placement financing (the “Offering“). The Company has issued 20,000,000 units (the “Units“) at a price of C$0.02 per Unit for gross proceeds of $400,000. Each Unit is comprised of one common share (a “Share“) and one-half of one common share purchase warrant (a “Warrant“). Each whole Warrant entitles the holder to purchase one additional Share of the Company at an exercise price of $0.05 for a period of one year from

Edmonton, Alberta–(Newsfile Corp. – September 16, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce that the non-brokered private placement financing (the “Offering“) previously announced by the Company on September 11, 2024, is now oversubscribed and, as a result, the Company has upsized the Offering. The Company now proposes to issue up to 20,000,000 units (the “Units“) at a price of C$0.02 per Unit for gross proceeds of up to $400,000. Each Unit comprises one common share (a “Share“) and one-half of one common share purchase warrant (a “Warrant“). Each whole Warrant entitles the holder to purchase one additional Share of the Company at an exercise price of $0.05

Edmonton, Alberta–(Newsfile Corp. – September 12, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to provide a corporate update regarding the annual financial statements and mineral processing at its 80% owned Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. The Company filed its annual audited financial statements for 15 months ending March 31, 2024, on September 6th and first quarter interim financial statements for the 3 months ended June 30, 2024, on September 9th. Highlights for the 15 months ended March 31, 2024 show processing income of $1,230,788 compared to $910,3470 for the 12 months ended December 31, 2022. General and administrative expenses for the

Edmonton, Alberta–(Newsfile Corp. – August 29, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company“), a Canadian exploration and mineral processing company with operations in Peru, is providing an update in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). On July 22, 2024, the Company announced that it applied for a management cease trade order (“MCTO“) with the Alberta Securities Commission (“ASC“) in connection with the delay in filing of its audited annual financial statements for the year ended March 31, 2024, related management discussion and analysis and CEO and CFO certificates (collectively, the “Required Documents“) by the prescribed filing deadline (the “Original Announcement“). At that time, based

Edmonton, Alberta–(Newsfile Corp. – August 19, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company“), a Canadian exploration and mineral processing company with operations in Peru, is providing the second bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). On July 22, 2024, the Company announced that it applied for a management cease trade order (“MCTO“) with the Alberta Securities Commission (“ASC“) in connection with the delay in filing of its audited annual financial statements for the year ended March 31, 2024, related management discussion and analysis and CEO and CFO certificates (collectively, the “Required Documents“) by the prescribed filing deadline (the “Original Announcement“).

Edmonton, Alberta–(Newsfile Corp. – August 7, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company“), a Canadian exploration and mineral processing company with operations in Peru, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). On July 22, 2024, the Company announced that it applied for a management cease trade order (“MCTO“) with the Alberta Securities Commission (“ASC“) in connection with the delay in filing of its audited annual financial statements for the year ended March 31, 2024, related management discussion and analysis and CEO and CFO certificates (collectively, the “Required Documents“) by the prescribed filing deadline (the “Original Announcement“). At

Edmonton, Alberta–(Newsfile Corp. – July 22, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company“), a Canadian exploration and mineral processing company with operations in Peru, announces that it expects a delay in filing its annual financial statements and management’s discussion and analysis and related officer certifications for the financial year ended March 31, 2024 (collectively, the “Required Filings“) which are required to be filed on or before July 29, 2024. The expected delay in filing the Required Filings is a result of difficulties experienced by the company’s auditors, Zeifmans LLP, Chartered Accountants (the “Auditor“), in obtaining information and documentation from the Company’s downstream local auditors in Peru. The Auditor has now

Edmonton, Alberta–(Newsfile Corp. – July 8, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: 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 2024 the Plant processed 14,869 tonnes of third-party mineral, compared with 13,786 tonnes in 2023 and 14,886 tonnes in 2022. The 2024 year-to-date production represents an increase of 7.9 % compared to the same period for 2023, and 0.1 % decrease compared to the same period for 2022. The Plant was at capacity in April and May. The Company anticipates a further increase

Edmonton, Alberta–(Newsfile Corp. – May 30, 2024) – Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) (“Peruvian Metals” or the “Company”) is pleased to announce that it has, subject to regulatory approvals, closed a second tranche of its non-brokered private placement (the “Offering“) of up to 8,000,000 units (the “Units“) at $0.07 per Unit to raise up to $560,000 in gross proceeds. In this close, the Company has raised $50,050 through the issuance of 715,000 Units. Each Unit consists of one (1) common share of the Company, and one-half (1/2) non-transferable share purchase warrant (the “Warrants“) of the Company. Each Warrant will be exercisable to acquire one (1) additional common share for two years from the closing date