01:35 PM EDT, 03/26/2026 (MT Newswires) -- Peruvian Metals ( DUVNF ) on Thursday said it closed a non-brokered private placement raising $780,000.

The company said it issued 5.2-million units priced at $0.15 each and made up of a share and one half of a one-year non-transferable warrant to buy a share for $0.20.

The proceeds will be used to make improvements and additions to its Aguila Norte processing plant, for potential new acquisitions, and for general working capital requirements, said the company.

The company's shares were last seen down $0.025 to $0.160 on the TSX Venture Exchange.

Price: 0.16, Change: -0.03, Percent Change: -13.51