Peruvian Metals Announces Private Placement
Peruvian Metals Announces Private Placement
Edmonton, Alberta--(Newsfile Corp. - March 12, 2026) -
Peruvian Metals Corp. (TSXV: PER)
("Peruvian Metals" or the "Company") is pleased to announce that it has arranged a non-brokered
private placement for gross proceeds of up to $750,000 which 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. The placement will consist of 5,000,000 units at a price of $0.15 per unit, each
unit being comprised of one common share and one-half non-transferable share purchase warrant. 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.
Each warrant will entitle the holder to acquire one additional common share of the Company at a price of
$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 $0.40 per share for a period of five consecutive trading days at any point during
the term of the warrants, then the Company may deliver a notice that the warrants must be exercised
within thirty days from the date of delivery of such notice. Completion of the private placement is subject
to final approval of the TSX Venture Exchange.
About Peruvian Metals Corp.
Peruvian Metals Corp. is a Canadian Exploration and Mineral Processing company. The Company's
business model is to produce high grade concentrates from its 100% owned Properties. The Company
continues to acquire and develop precious 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:
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.sedarplus.ca
. 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.
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https://www.newsfilecorp.com/release/288178