Peruvian Metals Corp V.PER

Alternate Symbol(s): DUVNF

Metals & Mining Industrial Metals & Minerals

Peruvian Metals Corp. is a Canadian exploration and mineral processing company. The Company is engaged in mineral processing and the exploration and development of mineral properties in Peru. It focuses on acquiring and developing precious and base metal properties in Peru. The Company's projects include Palta Dorada Au-Ag-Cu property, Minas Maria Norte property, Minas Vizca, and Minas Yanayco property. The Palta Dorada Au-Ag-Cu property is located in the Ancash Mining Department in Northern Peru and covers an area of approximately 2250 hectares. The Minas Maria Norte property is located in Southern Peru in the historic Huachocolpa Mining district, which covers an area of approximately 368 hectares and covers numerous previously exploited Au-Ag-Zn-Pb veins. The Minas Vizca covers an area of approximately 100 hectares. It also owns 50% interest in San Maurizo Mines Inc. (San Maurizo), which focuses on developing the Mercedes gold-silver lead-zinc-copper property.

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Peruvian Metals Corp

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Post by Scorison Jan 07, 2011 9:24am

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Post# 17937770

PP is fully closed now

DURAN VENTURES INC. ANNOUNCES SECOND CLOSING OF FINANCING

DuranVentures Inc. has closed the second and final tranche of its previouslyannounced bought deal private placement offering with Canaccord GenuityCorp. for gross proceeds to the company of $1,001,000 on the same termsas disclosed in Stockwatch on Dec. 23, 2010.

The net proceeds ofthe offering will be used for exploration and development of thecompany's mineral projects and general corporate purposes. The offeringis subject to certain conditions including, but not limited to, thereceipt of all necessary approvals including the final approval of theTSX Venture Exchange.

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