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PERUVIAN METALS CORP - $DUVNF STOCK NEWS

Welcome to our dedicated page for PERUVIAN METALS news (Ticker: $DUVNF), a resource for investors and traders seeking the latest updates and insights on PERUVIAN METALS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PERUVIAN METALS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PERUVIAN METALS's position in the market.

News
Peruvian Metals Provides Update on Production at the Aguila Norte Processing Plant
Rhea-AI Summary

Peruvian Metals Corp. provided an update on mineral processing at the Aguila Norte Processing Plant, reporting a 13% increase in production in the first four months of 2024 compared to 2023. The company is optimistic about exceeding production levels for the remainder of the year, with plans to expand operations beyond the current 100 tonnes per day level.

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Peruvian Metals Closes Initial Tranche of Private Placement
Rhea-AI Summary
Peruvian Metals Corp. closes the initial tranche of a non-brokered private placement, raising $225,000 through the issuance of 3,214,286 units at $0.07 per unit, with the potential to raise up to $560,000. The funds will be used for property development and general working capital requirements. The Offering is subject to regulatory approvals, including the TSX Venture Exchange.
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Peruvian Metals Corp. Closes Acquisition of 50% Interest in San Maurizo Mines Inc.
Rhea-AI Summary
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) announces the acquisition of a 50% interest in San Maurizo Mines Inc., a Manitoba-based company, through the issuance of 2,500,000 common shares. The collaboration aims to develop the Mercedes gold-silver-lead-zinc-copper mineral property in central Peru.
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Peruvian Metals Corp. Acquires 50% Interest in San Maurizo Mines Inc. to Develop the Mercedes Gold-Silver-Zinc-Lead Project in Central Peru
Rhea-AI Summary
Peruvian Metals Corp. (TSXV: PER) announces the acquisition of a 50% interest in San Maurizo Mines Inc., a Manitoba-based company, to jointly develop the Mercedes gold-silver-lead-zinc-copper property in Peru. The Property covers 1,345 hectares and has a history of extensive underground workings with high-grade mineralization. Peruvian Metals will acquire a 50% stake in San Maurizo through share issuance and loans, with both companies committing to explore and develop the Property. CEO Eric Hinton of San Maurizo, a seasoned mining professional, will lead the project. The completion of the Transaction is pending regulatory approvals.
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-5.32%
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Peruvian Metals Announces Change in Financial Year End
Rhea-AI Summary
Peruvian Metals Corporation (TSXV: PER) (OTCQB: DUVNF) announces a change in its financial year-end from December 31 to March 31, aiming for more efficient audit processes and alignment with industry peers. The transition will involve a 15-month reporting period from January 31, 2023, to March 31, 2024, with audited financial results. The company plans to return to a March 31 year-end afterward.
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Peruvian Metals Acquires 100% Interest in the Au-Ag-Cu Palta Dorada Project in Northern Peru
Rhea-AI Summary
Peruvian Metals Corporation (TSXV: PER) (OTCQB: DUVNF) has acquired Rio Silver's 50% interest in the Palta Dorada Gold-Silver-Copper property, resulting in 100% ownership. The acquisition provides a strategic advantage due to unique high-grade gold-silver mineralization occurring in both oxides and sulphides. The company plans to build a gold ore processing circuit and expand operations. The Palta Dorada property has been delayed due to extensive damage from El Niño flooding, but the company has made significant progress in extracting highly mineralized ore with impressive assay results. The terms of the acquisition involve a payment of $250,000 US over five months to Rio Silver, with a 3% NSR royalty capped at $2 million US.
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Peruvian Metals Achieves Record Throughput for 2023 at Aguila Norte Processing Plant and Closes the Sale of the Panteria Cu-Au Project
Rhea-AI Summary
Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) announces record production results for 2023 at its Aguila Norte processing plant in Northern Peru, with a progressive increase year over year. The company also closed the sale of the Panteria Cu-Au Porphyry Project to International Metals Mining, receiving the final payment of USD 100,000 and retaining a 1% NSR.
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Peruvian Metals Continues near Record Throughput at Its Aguila Norte Processing Plant
Rhea-AI Summary
Peruvian Metals Corp. provides an update on mineral processing at its Aguila Norte processing plant in Northern Peru.
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-5.5%
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Peruvian Metals Corp Announces Results of Annual General Meeting of Shareholders
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Peruvian Metals Corp. provides update on Annual General Meeting of Shareholders
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Peruvian Metals Production Update for the First Half of 2023 at Aguila Norte Processing Plant
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PERUVIAN METALS CORP

OTC:DUVNF

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DUVNF Stock Data

5.23M
47.63M
52.08%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Toronto