TORONTO, ON / ACCESSWIRE / May 22, 2019 / Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) has been advised by Minera Antares Peru, a wholly owned subsidiary of First Quantum Minerals Ltd. (“collectively First Quantum”), of its decision to terminate its option agreement on the Panteria Au-Cu projects located 210 kilometres southeast of Lima, Peru in the Huancavelica department. Jeffrey Reeder, President and Chief Executive Officer of Peruvian Metals stated: “We wish to thank First Quantum and its exploration team for the work completed and significant investments made on the Panteria project over the past three years. Exploration on the main Panteria Copper zone did not meet their expectations, however the work completed

Peruvian Metals Corp. Provides Update on Panteria Project TORONTO, ON / ACCESSWIRE / March 21, 2019 / Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) is pleased to provide an update on its 100% owned Panteria Cu-Au Porphyry Project currently under option to Minera Antares Peru SAC, a wholly owned subsidiary of First Quantum Minerals Ltd (collectively “First Quantum”). The Company entered into an agreement in 2016 whereby First Quantum can earn up to an 80% interest in Panteria by completing certain milestones and payments outlined in the Company’s news release dated March 15, 2016. First Quantum has spent $4.65 million US on the project to date. The Panteria copper-gold project, located 210 kilometres

Peruvian Metals Announces Early Warning Report TORONTO, ON / ACCESSWIRE / February 21, 2019 / Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) announces that Mr. Jeffrey Reeder has sold 249,000 common shares of the Company beneficially held by him (the “Transaction“) through the facilities of the TSX Venture Exchange (“TSXV”). Prior to the Transaction, Mr. Reeder was the beneficial holder of 7,905,985 common shares of Peruvian Metals (representing 9.81% of the then issued and outstanding common shares) and 2,300,000 common share purchase warrants of the Company (representing 12.31% of the then issued and outstanding common shares on a fully-diluted basis). As a result of the Transaction Mr. Reeder sold 249,000 common shares through

TORONTO, ON / ACCESSWIRE / January 17, 2019 / Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) is pleased to provide an update regarding the mineral processing at its 80% owned fully permitted Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. During Q4, 2018, Peruvian Metals continued to upgrade and reconfigure the Aguila Norte mineral processing plant to enable the processing of a wider range of minerals within a mineral concentrate. With the upgrades Peruvian Metals can now produce three different concentrates from the same mineral supplier. More specifically, modifications allow for Lead grades higher than 5%. These upgrades not only provide better flexibility for our mineral processing clients

Edmonton, Alberta–(Newsfile Corp. – January 6, 2019) – Peruvian Metals Corp. (TSXV: PER) (“Peruvian Metals” or the “Company”) is pleased to provide an update regarding the mineral processing at its 80% owned fully permitted Aguila Norte Processing Plant (“Aguila Norte” or the “Plant”) located in Northern Peru. The Company achieved record throughput for 2019 by processing 18,510 tonnes, resulting in a 380% increase in production compared to 2018. During the fourth quarter of 2019, Peruvian Metals processed 4,496 tonnes of mineralized material, and the final three quarters of 2019 averaged more than 60% of the Plant’s capacity of 36,000 tonnes per year. More than 90% of the mineral processed in 2019 produced two concentrates. During