Peruvian Metals Corp announced non-brokered private placement of up to 8,000,000 units at CAD 0.07 per Unit for a gross proceeds CAD 560,000 on April 23, 2024 .Each Unit consists of one common share of the Company, and one-half non-transferable share purchase warrant of the Company. Each Warrant will be exercisable to acquire one additional common share for two years from the closing date of the Offering at a price of CAD 0.10 per share, subject to certain acceleration provisions. The transaction is subject to certain regulatory approvals, including the approval of the TSX Venture Exchange. All the securities issued will be subject to resale restrictions until August 24, 2024.

On same date, the company announced it has issued 3,214,286 Units at CAD 0.07 per Unit for a gross proceeds CAD 225,000.02 in its first tranche.