Duyuru • Apr 17
Peruvian Metals Corp Confirms Gold and Silver Recoveries in Sulphides at Palta Dorada Peruvian Metals Corp. announced updated metallurgical work on sulphide Au-Ag material on its 100% owned Palta Dorada Gold-Silver property located in the Ancash department in Northern Peru. The new independent metallurgical work confirms gold recoveries of 89% and improved silver recoveries to 75%. The new metallurgical work was performed by Certmin S.A., an accredited testing laboratory for 43-101 purposes located in Lima Peru. The Property covers an area of approximately 2,250 hectares. It is accessible from Peruvian Metals' Aguila Norte processing plant by approximately 120 kilometres of mainly paved roadway. The Company will be able to extract both oxide and sulphide material. Oxide material will be initially sold to local toll mills capable of treating oxide material, whereas sulphide material will be shipped to the Plant for processing. The head grade of the new metallurgical sample assayed 11.10 grams Au/mt and 4.67 ounces Ag/mt. Precious metal recoveries on this sulphide material using flotation methods confirmed the 89% level for gold but improved on the silver recovery to 75%. Previously announced head grade of the sample from previous metallurgical work returned 8.30 grams Au/mt and 3.39 ounces Ag/mt and recoveries returned 89% for gold and 61% for silver. The material taken for this new metallurgical test was a composite over one metre located below the oxide and sulphide transition. The previous metallurgical work and precious metals recoveries were reported in the Company's news release dated January 21st, 2026. The new metallurgical work was performed by Certmin's Chief Metallurgist, Ing. Luis Loaiza. Assaying for the new tests was done in house at Certmin S.A. The Company is currently improving the access to the Property and upgrading the camp conditions to house more personnel. The Company is planning to drive two access tunnels in order to access both the oxide and sulphide material for bulk material extraction. Initial work will concentrate on expanding the short existing twenty metre access tunnel to 3-metres in height and 2.5 metres in width. This will enable the crews to better access oxide material above the oxide-sulphide transition zone. This short tunnel was the access to a 53-metre shaft where the previous and new metallurgical work was conducted. The head grade of a previously reported metallurgical test from the oxide material taken in the short adit above the shaft returned 35.1 grams Au/mt and 1.51 ounces Ag/mt. The sample taken was a composite over ½ metre width. Agitated cyanide leaching results show recoveries of 82% for gold and 58% for silver over 48 hours. Thirty-one tonnes of gold bearing oxide material assaying 9.74 grams Au/mt was taken from this area in June 2022 and sold to the Chala One toll mill located in Chala Peru. The price of gold used for the sale was $1852 with gold recoveries of 90%. Metallurgical work on the oxide material was processed and analyzed by fire assay at Auro Met Labs located in Trujillo. Auro Met Labs is used by many of the miners and toll mills in the area. A second but longer access tunnel/crosscut will be placed to intersect the sulphide material from the main San Juan vein. This crosscut will be located at an elevation below oxide-sulphide transition zone in order to access the Au-Ag sulphide zone. Material from this working will be shipped to the Company's Aguila Norte Plant for processing. New Risk • Apr 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (31% average weekly change). High level of non-cash earnings (164% accrual ratio). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (CA$3.1m revenue, or US$2.2m). Market cap is less than US$100m (CA$26.9m market cap, or US$19.5m). New Risk • Apr 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). High level of non-cash earnings (164% accrual ratio). Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Revenue is less than US$5m (CA$3.1m revenue, or US$2.2m). Market cap is less than US$100m (CA$26.2m market cap, or US$18.9m). Duyuru • Apr 01
Peruvian Metals Corp. announced that it has received CAD 0.9 million in funding On March 31, 2026, Peruvian Metals Corp. closed the transaction. The company issued 800,000
units at an issue price of CAD 0.15 per Unit, for aggregate gross proceeds of CAD 120,000 in its second tranche. Combined with the previous closing, the Company issued an aggregate of 6,000,000 Units for gross proceeds of CAD 900,000. In connection with the Offering, the Company paid finders fees of an aggregate of CAD 24,399 in cash and issued an aggregate of 162,659 finders warrants (the "Finders Warrants") of the Company to certain arm's length finders. The Finders Warrants were issued with the same terms of the Warrants. A l the securities issued will be subject to resale restrictions until July 26, 2026 for the first tranche closing and July 31, 2026 for the second tranche closing. The net proceeds of the Offering will be used to make improvements and additions for expansion to its Aguila Norte processing plant, for potential new acquisitions, and for general working capital requirements. The completion of the Offering, including all issuances of Units, remains subject to certain regulatory approvals, including the approval of the TSX Venture Exchange. Duyuru • Mar 27
Peruvian Metals Corp. announced that it has received CAD 0.78 million in funding On March 26, 2026, Peruvian Metals Corp closed the transaction. In connection with the Offering, the Company paid finders fees of an aggregate of CAD 15,999 in cash and issued an aggregate of 106,659 finders warrants. Insiders of the Company have subscribed for and acquired an aggregate of 81,300 Units. Transaction is subject to regulatory and stock exchange approval. Duyuru • Mar 12
Peruvian Metals Corp. announced that it expects to receive CAD 0.75 million in funding Peruvian Metals Corp. announced a non-brokered private placement to issue 5,000,000 units at a price of CAD 0.15 per unit for gross proceeds of CAD 750,000 on March 12, 2026. Each unit consists of one common share and one-half non-transferable share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the Company at a price of CAD 0.20 per common share for a period of two years following the closing date. The warrants will be subject to an acceleration clause; in the case that market price for the Company's common shares is equal to or greater than CAD 0.40 per share for a period of five consecutive trading days at any point during the term of the warrants. The common shares, warrants, and any shares issued on the exercise of warrants will be subject to a hold period expiring four months and one day following the date of issue. Completion of the private placement is subject to final approval of the TSX Venture Exchange. 
