09:47 AM EST - Peruvian Precious Metals Corp : has announced the closing of their first tranche of a brokered private placement. The first tranche consisted of 5,000,000 Units at a price of $0.15 per Unit, generating gross proceeds of $750,000. Each Unit consists of one common share of the Company and one-half of one Common Share purchase warrant. All securities issued pursuant to the first tranche of the Offering are subject to a hold period which expires on December 30, 2013. The Offering is for up to 10,000,000 Units for aggregate gross proceeds of up to $1,500,000. Peruvian Precious Metals Corp
shares V.PPX are trading up $0.005 at $0.14.