Peruvian Metals is a revenue-generating mining company focused on high-grade precious and polymetallic concentrate production and exploration in Peru. $PER
📢 We announced a private placement last week for $560,000.
Management & a strategic investor invested in the first tranche. Good signal✅
Our use of funds will be allocated to put Palta Dorada and Mercedes into production💵
Let's go mining ⚒️
🔑 take away: Destructive dilution limits share price appreciation and reduces shareholder value creation.
Translation: Stop diluting your shareholders out of a discovery.... we are focused on cash flow to explore for the big deposits by bulk mining high-grade deposits⚒️💵
We now own 50% of the Mercedes property, located in Central Peru, covering 1,345 Ha with excellent infrastructure all around.
Numerous high-grade polymetallic veins are running throughout the property and a mill is 12km away.
Let's go mining⚒️: https://t.co/HdMBLQheV0
📢🗞️$PER. Acquires 50% Interest in San Maurizo Mines Inc. to Develop the Mercedes Gold-Silver-Zinc-Lead Project in Central Peru. See the press release here: https://t.co/vDa9JGYmzX
This bolsters our hub and spoke business model of putting small high grade mines into production!
$PER is in a unique position compared to other Peruvian juniors due to our ability to generate cash flow, Aguila Nortre, acquire and mine (think Palta Dorada) or #monetize them, think our recent sale of Panteria... our company is ready to #grow within our financial means!
@Ragnarsson965 thanks for the follow! 🙌 Check out https://t.co/i4sSR5oEzW for the investor deck and latest materials but please excuse the splash page....the website is still under construction.🚧