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Peruvian Metals Announces Change of Auditor

Regulatory & Compliance

Peruvian Metals Announces Change of Auditor

Edmonton, Alberta--(Newsfile Corp. - January 25, 2023) -

Peruvian Metals Corp. (TSXV: PER)

(OTCQB: DUVNF)

("Peruvian Metals" or the "Company") is pleased to announce that it has changed its

auditors from MNP LLP (the "Former Auditor") to Zeifmans LLP (the "Successor Auditor") effective

January 17, 2022 (the "Effective Date").

At the request of the Company, the Former Auditor resigned as auditor of the Company effective the

Effective Date and the Board of Directors of the Company appointed the Successor Auditor as the

Company's auditor effective as of the Effective Date to hold office until the next annual meeting of the

shareholders of the Company.

There were no modified opinions in the Former Auditor's reports in connection with the two most recently

completed fiscal years of the Company. There are no "reportable events" (as that term is defined in

National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former

Auditor.

In accordance with National Instrument 51-102, the resignation of the Former Auditor, the Appointment of

the Successor Auditor, the notice of change of auditor, together with the required letters from the former

auditor and the successor auditor, have been reviewed and approved by the Audit Committee and the

Board of Directors and has been filed on

www.SEDAR.com

under the Company's profile.

More information about the Company can be found at

www.SEDAR.com

.

About Peruvian Metals Corp.

Peruvian Metals is a Canadian exploration and mineral processing company. The Company's business

model is to provide toll milling services for clients and to produce high-grade concentrates from mineral

purchases. The Company continues to acquire and develop precious metal and base metal properties in

Peru

For further information on Peruvian Metals Corp. please visit

www.peruvianmetals.com

.

Peruvian Metals Corp. is a Canadian resource company listed on the

TSX Venture Exchange: Symbol "PER"

For additional information, contact:

Jeffrey Reeder Tel: (647) 302-3290

Website:

www.peruvianmetals.com

Email:

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this release.

Disclosure Regarding Forward-Looking Statements:

This press release contains certain "Forward-

Looking Statements" within the meaning of applicable securities legislation. We use words such as

"might", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "forecast" and similar

terminology to identify forward-looking statements and forward-looking information. Such statements and

information are based on assumptions, estimates, opinions and analysis made by management in light

of its experience, current conditions and its expectations of future developments as well as other factors

which it believes to be reasonable and relevant. Forward-looking statements and information involve

known and unknown risks, uncertainties and other factors that may cause our actual results to differ

materially from those expressed or implied in the forward-looking statements and information and

accordingly, readers should not place undue reliance on such statements and information. Risks and

uncertainties are more fully described in our annual and quarterly Management's Discussion and

Analysis and in other filings made by us with Canadian securities regulatory authorities and available at

www.sedar.com

. While the Company believes that the expectations expressed by such forward-looking

statements and forward-looking information and the assumptions, estimates, opinions and analysis

underlying such expectations are reasonable, there can be no assurance that they will prove to be

correct. In evaluating forward-looking statements and information, readers should carefully consider the

various factors which could cause actual results or events to differ materially from those expressed or

implied in the forward-looking statements and forward-looking information.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/152504