Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company"), is pleased to announce a non-brokered private placement offering of up to 2,223,626 units ("Units") at a price of $0.13 per Unit to raise gross proceeds of up to $289,071. Each Unit consists of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder, on [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp.’s (the "Company") shareholders approved all matters submitted by management for their consideration at the annual general meeting held in Lima, Peru on December 9, 2014. Shareholders approved setting the number of directors at four and re-elected Mr. Jorge Benavides, Mr. Brian Maher, Mr. Brian Imrie and Mr. Luis-Felipe Arizmendi to the Board of [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that it has received a Certificado de la Inexistencia de Restos Arqueológicos (“CIRA”, “Certificate of the Non-Existence of Archaeological Remains”) from the Peru Ministerio de Cultura del Perú - Dirección Desconcentrada de Cultura de La Libertad (Ministry of Culture of Peru - Decentralized Culture Department of [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company"), is pleased to announce the successful completion of its previously announced non-brokered private placement of units (the "Units") under the terms previously disclosed on October 14, 2014. The private placement was over-subscribed and as a result, the aggregate gross proceeds of the private placement increased to $643,459.70 from the [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") announces that it has granted to certain directors, officers, an employee and a consultant, a total of 4,700,000 stock options under the Company’s Stock Option Plan. The options vest immediately and are exercisable at a price of $0.16 per share. The 500,000 options that were granted to the consultant have a two year term and the [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company"), is pleased to announce a non-brokered private placement offering of up to 4,565,076 units ("Units") at a price of $0.13 per Unit to raise gross proceeds of up to $593,460. Each Unit consists of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder, on [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Inc. (“the Company”, “Peruvian”) is pleased to announce that it has signed a Memorandum of Understanding (MOU) with AM Mining SAC (AMM) of Lima, Peru, that outlines the terms and conditions under which AMM will construct and operate on behalf of the Company a 350 metric tonne per day (“350 mt/d”) gold and silver processing plant, utilizing CIP/CIL and [...]
Peruvian Precious Metals, announces that it has closed a non-brokered private placement of common shares under the terms previously disclosed on September 2, 2014. 5,317,644 Common Shares were issued to one subscriber at a price of $0.09 per Common Share for gross proceeds of $478,587.96. Securities issued under the private placement will be subject to a four-month hold expiring on February 8, 2015, in accordance with [...]
Peruvian Precious Metals is continuing to proceed with its previously announced private placement of convertible debentures in the principal amount of $5,814,008.14 to one subscriber. For further details of the private placement, please refer to the Company’s news release dated February 19, 2014. A closing date has not been confirmed at this time. This news release does not constitute an offer to sell or a solicitation of [...]
Peruvian Precious Metals is pleased to announce positive results from bottle roll CN leach analyses for samples from the Callanquitas structure at its Igor Mine project in northern Peru. The test work was performed by Certimin SA, an ISO 9001 certfied metallurgical laboratory located in Lima, Peru. A bulk sample totaling 109.7 kg was sourced from core sample rejects and had a head grade of 10.80 gpt gold and 39.6 gpt [...]
Peruvian Precious Metals is pleased to announce that it has signed a Memorandum of Understanding with Proyectos La Patagonia, a wholly-owned subsidiary of the Explora Peru Mining Group, Peru that outlines the terms and conditions under which Patagonia will conduct underground bulk sampling, test mining and develop appropriate underground infrastructure at Peruvian’s Igor gold and silver project in northern Peru. The work [...]
Peruvian Precious Metals, is pleased to announce that it has today completed a previously announced debt settlement to a creditor. In consideration for settlement of a total debt of $185,000 owing to the creditor by the Company, the Company issued to the creditors 2,846,154 common shares of the Company at a deemed price of $0.065 per share. The shares are subject to a four month hold period. The Company is also pleased [...]