Edmonton, Alberta--(Newsfile Corp. - April 23, 2024) - Peruvian Metals Corp. (TSXV: PER) (OTCQB: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce that it has, subject to regulatory approvals, closed a first tranche of its non-brokered private placement (the "Offering") of up to 8,000,000 units (the "Units") at $0.07 per Unit to raise up to $560,000 in gross proceeds. In this close, the Company has raised $225,000 through the issuance of 3,214,286 Units. Each Unit consists of one (1) common share of the Company, and one-half (1/2) non-transferable share purchase warrant (the "Warrants") of the Company. Each Warrant will be exercisable to acquire one (1) additional common share for two years from the closing date of the Offering at a price of C$0.10 per share, subject to certain acceleration provisions.