Peruvian Metals (TSE:PER) has released an update.
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Peruvian Metals Corp. successfully completed an oversubscribed non-brokered private placement financing, raising $400,000 through the issuance of 20 million units. The proceeds will primarily fund the acquisition of the Palta Dorada property and development of the Mercedes property. Accompanying the financing, the company also paid finder’s fees and issued compensation options to certain finders.
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