Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company" or “Peruvian”) is pleased to announce that together with our mining partner Proyectos La Patagonia S.A.C. (“PLP”) we have received approval of the key permit to begin our test mining and underground bulk sampling program at our Igor Project in the Department of La Libertad in northern Peru. The Regional Government Ministry of Energy and [...]
Peruvian Precious Metals is pleased to announce the closing of its previously announced non-brokered private placement of a convertible debenture in the principal amount of US$100,000.00 to one subscriber with the following material attributes: Principal Due: October 22, 2016 Interest Rate: 12% per year; payable every four months in arrears on the principal due date Conversion: The subscriber may convert all or part [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that it has closed the first tranche of a non-brokered private placement of 828,750 units for gross proceeds of $82,875, to be used for working capital purposes. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder, on exercise thereof, to purchase one [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that Miguel Fernando Arias Davila to its Board of Directors. Mr. Arias is currently President of Peruana de Energía, a Peruvian hydro-energy company. Mr. Arias has been a director Peruana de Energia since 1996. In addition, Miguel is a director of Minera Andina de Exploraciones S. A. A., an exploration [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company" or “Peruvian”) is pleased to provide the following update on its Igor Project test mining and bulk sampling project in the Department of La Libertad in northern Peru. AM Mining S.A.C. (AMM), who have partnered with Peruvian to construct a 350 tpd conventional milling and processing plant at the Igor project, have made significant early [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company" or “Peruvian”) is pleased to provide the following update on its Igor Project test mining and bulk sampling project in the Department of La Libertad in northern Peru. Our mining partner, Proyectos Patagonia S.A.C. (PLP) has been facilitating the permitting process, which is nearly complete. The Plan de Minado, the key [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") announces that a total of 6,300,000 incentive stock options have been granted to directors, officers and employees of the Company pursuant to the Company’s Stock Option Plan. The options are exercisable for a period of five (5) years at a price of $0.10 per share. On behalf of the Board of Directors Brian J. Maher President and Chief [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that it will increase the size of its non-brokered private placement offering previously announced on September 15, 2015 to up to 3,785,000 units for gross proceeds of up to $378,500. The units consist of one common share and one common share purchase warrant, on the same terms outlined in the Company's September [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that the Company and a former President and director of the Company have agreed to settle all obligations between them. The settlement includes the cancellation of a loan of $616,250 owing by the former President to the Company and 2,465,000 common shares of the Company held as collateral for the loan as well as [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that it has entered into a settlement agreement with a former employee of the Company which includes settling $105,000 in debt by the issuance of 1,050,000 common shares of the Company. The transaction is subject to the approval of the TSX Venture Exchange. On behalf of the Board of Directors Brian J. Maher [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that it has closed a non-brokered private placement offering of 1,500,000 units at a price of $0.10 per unit for gross proceeds of $150,000, which will be used for general working capital purposes. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to [...]
Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company"), is pleased to announce a non-brokered private placement offering of up to 2,630,000 units at a price of $0.10 per unit to raise gross proceeds of up to $263,000. Each unit will consist of one common share of the Company and one common share purchase warrant. Each warrant will entitle the holder, on exercise thereof, to purchase one [...]