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 [...]
Peruvian Precious Metals Corp. Announces Completion of Shares for Debt Settlement and Repurchase of NSR NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company" or “Peruvian”), is pleased to announce that it has today completed a previously announced debt settlement to a creditor. In [...]
Peruvian Precious Metals is pleased to announce that the Company has completed today its previously announced debt settlements with certain creditors, four of whom are directors and/or officers of the Company. In consideration for settlement of a total combined debt of $1,245,992.22 owing to the Creditors by the Company, the Company issued to the Creditors 19,169,111 common shares of the Company at a deemed price of [...]
Peruvian Precious Metals is pleased to announce that the Company has entered into agreements with two arms-length parties to repurchase their net smelter returns royalty interests previously granted by the Company in respect of the Company's Igor Property in Peru. In consideration for the repurchase of the NSRs, the Company will issue to the holders of the NSRs a total of 4,259,200 common shares of the Company at a deemed [...]
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$800,000.00 to one subscriber with the following material attributes: August 15, 2015. Interest Rate: 13% per annum, payable every four months, commencing April 30, 2015. Conversion Price: US$0.065 per share
Peruvian Precious Metals Corp. – Previously Announced Convertible Debenture Financing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is continuing to proceed with its previously announced private placement of convertible debentures in the principal amount of $5,814,008.14 to one [...]
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