Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that a debentureholder has converted a US$800,000 debenture issued on August 15, 2014 into common shares. In addition, US$104,000 in accrued interest on the debenture was settled by way of shares for debt. The Company issued 13,907,693 common shares to the debentureholder at a price of US$0.065 per share.

In consideration for assisting in the conversion of the debenture and the debt settlement, Tomas Silva was issued 984,615 common shares.

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, Vice President - Corporate Development

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 in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

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