NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Vancouver, British Columbia – September 1, 2015 – Peruvian Precious Metals Corp. (the “Company”) is pleased to announce that it has entered into a settlement agreement with a former employee of the Company, which includes settling $25,117.94 in debt by the issuance of 251,179 common shares of the Company.

The transaction is subject to the approval of the TSX Venture Exchange.

On behalf of the Board of Directors
Brian J. Maher
President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:
Peruvian Precious Metals Corp.
Kimberly Ann Arntson, CFO, Vice President – Corporate Development,
Corporate Secretary
Phone: 1-530-414-4400
Email: kimberly.ann@peruvianpmc.com
Website: www.peruvianpmc.com

Cautionary Statement:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined