Peruvian Metals Corp. reports developments tied to its Canadian exploration and mineral processing business in Peru. Company news centers on the 80%-owned Aguila Norte processing plant in Northern Peru, toll milling services, production of high-grade marketable concentrates from mineral purchases, and the acquisition and development of precious and base metal properties.
Recurring updates include Aguila Norte processing activity, environmental and surface-rights matters, plant expansion planning, metallurgical work at the 100%-owned Palta Dorada gold-silver property, and equity financing used for plant improvements, acquisitions, and working capital.
Peruvian Metals (OTC: DUVNF) closed the second and final tranche of a non-brokered private placement on March 31, 2026, issuing 800,000 Units at $0.15 each for gross proceeds of $120,000, bringing total Offering proceeds to $900,000 (6,000,000 Units).
Each Unit includes one common share and one-half warrant exercisable at $0.20 for two years; the company paid finders fees of $24,399 and issued 162,659 finders warrants. Net proceeds target Aguila Norte plant expansion, potential acquisitions, and working capital. Resale restrictions expire July 26 and July 31, 2026. Completion remains subject to TSX Venture Exchange approvals.
Peruvian Metals (OTC: DUVNF) closed a non-brokered private placement on March 26, 2026, issuing 5,200,000 Units at $0.15 per Unit for gross proceeds of $780,000. Each Unit includes one common share and one-half warrant exercisable at $0.20 for one year.
The company paid $15,999 cash in finders fees and issued 106,659 finders warrants. Insiders purchased 81,300 Units. Securities are restricted from resale until July 26, 2026, and closing remains subject to TSX Venture Exchange approvals. Net proceeds will fund Aguila Norte plant expansion, potential acquisitions, and working capital.
Peruvian Metals (OTC: DUVNF) upsized a non‑brokered private placement to raise up to $1,050,000 by issuing 7,000,000 units at $0.15 per unit. Each unit includes one common share and one‑half warrant exercisable at $0.20 for two years.
Warrants include an acceleration clause if shares trade at or above $0.40 for five consecutive trading days. Securities will be subject to a four‑month plus one‑day hold. Closing remains subject to TSX Venture Exchange final approval.
Peruvian Metals (OTC: DUVNF) arranged a non-brokered private placement to raise up to $750,000 by issuing 5,000,000 units at $0.15 per unit. Each unit comprises one common share and one-half warrant (one warrant per two units).
Each warrant is exercisable at $0.20 for two years and includes an acceleration provision if the share price trades at $0.40 or higher for five consecutive trading days. Securities will be subject to a four-month-plus-one-day hold period. Closing is subject to TSX Venture Exchange final approval.
Peruvian Metals (OTC: DUVNF) renewed surface-rights use at its 80%-owned Aguila Norte processing plant for 10 years, enabling planned capacity expansion and additional tailings engineering.
The Plant processed 36,616 tonnes in 2025, holds an IGAC permit for 100 tpd (expandable to 350 tpd), and recent metallurgical tests at Palta Dorada showed 8.3 g/mt head grade with 89% gold recovery.
Peruvian Metals (OTC: DUVNF) invites shareholders and the investment community to visit Booth 2624B at PDAC 2026 in Toronto. The company will be at the Metro Toronto Convention Centre on March 3–4, 2026 to meet investors and discuss recent activities.
Peruvian Metals (OTC: DUVNF) closed a non-brokered private placement on February 25, 2026, issuing 10,000,000 Units at $0.10 for gross proceeds of $1,000,000. Each Unit includes one common share and one-half warrant; warrants exercisable at $0.15 for one year.
The company paid $39,690 in finders fees and issued 396,900 finders warrants. Insiders subscribed for 1,205,000 Units ($120,500). Securities are subject to resale restrictions until June 26, 2026. Net proceeds will fund exploration and working capital. Closing remains subject to TSX Venture Exchange approvals.
Peruvian Metals (OTC: DUVNF) announced a registered 6-year access and mineral agreement with the Comunidad Campesina de Pomamanta covering the Mercedes property, held 100% by San Maurizo (Peruvian Metals owns 50% of San Maurizo).
The agreement and provisional permits allow commencement of bulk-sample extraction and a target capacity of up to 350 tonnes per day pending completion of full permits by year-end. Earlier metallurgical work produced a concentrate grading 33.03 oz Ag/mt and 12.23 g Au/mt with recoveries of 97.85% Ag and 92.19% Au. Management and site restoration measures are in place. The company amended financing warrants to $0.15 exercise for 1 year.
Peruvian Metals (OTC: DUVNF) updated progress at the Minas Visca silver polymetallic property in northern Peru and announced a non-brokered private placement for up to $1,000,000. The Property covers ~94 hectares, is road accessible, and produced metallurgical concentrate with 150.34 oz Ag/mt from a bulk sample.
The Company reported 85.50% Ag and 84.37% Pb recoveries on the bulk sample, noted historic assays that cannot be verified, and confirmed its Aguila Norte plant is permitted and operating at 100 tonnes/day. Placement: 10,000,000 units at $0.10 with 0.5 warrant (exercise $0.20, two years).
Peruvian Metals (OTC: DUVNF) completed acquisition of a 50% interest in San Maurizo, giving joint control of the 1,345-hectare Mercedes Ag-Au property in Junin, Peru, with Hudson Heartland as a 50% JV partner. Recent metallurgical composites from Victor II returned head grades 3.69 g Au/mt and 9.4 oz Ag/mt and produced concentrates grading 12.23 g Au/mt and 33.03 oz Ag/mt with recoveries of 92.19% Au and 97.85% Ag and a mineral:concentrate ratio of 3.5:1. Charo composite showed 0.63 g Au/mt and 6.10 oz Ag/mt with concentrates at 4.01 g Au/mt and 48.42 oz Ag/mt and recoveries 74.7% Au and 92.3% Ag. Project subject to a 20% NPI extinguishable after US$4M paid; surface & underground access and community agreements in place and bulk sampling planned Q1 2026.