Mr. Jeffrey Reeder reports

PERUVIAN METALS ENGAGES APOLLO SHAREHOLDER RELATIONS LTD. FOR INVESTOR COMMUNICATIONS

Peruvian Metals Corp. has formed a partnership with Apollo Shareholder Relations Ltd. to provide a digital outreach marketing program to the current and new potential investors by providing clear market communication on the company's development and exploration programs.

Jeffrey Reeder, chief executive officer of Peruvian Metals, comments: "We are now in a position to engage a firm such as Apollo to provide investor communications and outreach programs to introduce Peruvian Metals to new potential investors. The company has recently completed an equity financing which puts the company in a strong financial position for the medium term. We believe that Peruvian Metals is unique in the junior mining space and it is time to communicate our uniqueness to the investment community."

Jazz Chodak and Chase Kazakoff, co-owners of Apollo, commented: "We're excited to partner with Peruvian Metals as they advance many of its projects in Peru. Our team looks forward to helping bring this remarkable opportunity to the broader market with clarity, precision and the strategic focus it deserves. We see this new business opportunity with tremendous energy, and we're thrilled to support the next phase of Peruvian Metals' journey."

Apollo is headquartered on Vancouver Island, British Columbia. Its personnel have a background as investor relations professionals. The firm focuses on investor relations, retail investors and digital communications through novel marketing strategies.

Compensation and terms

Subject to TSX Venture Exchange approval, the consulting agreement dated effective April 16, 2026, provides for an initial six-month term and is automatically renewed for successive six-month terms unless terminated upon 30 days prior notice. The agreement provides that Apollo will receive a total fee of $60,000 for an initial term of six months, payable in monthly instalments of $10,000, with $20,000 plus applicable GST payable as first and last-month fees paid in advance, followed by monthly payments of $10,000 plus GST thereafter.

Subject to TSX-V approval, the company will also grant Apollo 600,000 stock options to acquire common shares of the company, exercisable at a price of 18 cents per share for a period of two years from the effective date of the agreement.

About Peruvian Metals Corp.

Peruvian Metals is a Canadian exploration and mineral processing company. The company's business model is to provide clients with toll milling services and produce high-grade marketable concentrates from mineral purchases. The Aguila Norte processing plant has an environmental permit (IGAC) from the Peruvian government which provides the company with the ability to expand operations past the current 100-tonne-per-day level. The company continues to acquire and develop precious and base metal properties in Peru.

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