Currency
Peru's official monetary unit is the Nuevo Sol (hereinafter, "S"). It currently is not subject to any exchange restrictions and has been freely floating since March 27, 1991. The most recent period during which the Nuevo Sol's exchange rate experienced significant volatility was from November 1992 to November 1993 when its exchange rate deteriorated from S1.61/$1.00 to S2.18/$1.00. The Nuevo Sol subsequently stabilized during 1994, narrowly trading between S2.18/$1.00 and S2.20/$1.00, although it has subsequently weakened, on average, against the US dollar. The following table provides a summarized chronological history of S/$ exchange rates since late 1995:
December 31
Exchange rate (S/$)
1995
2.32
1996
2.60
1997
2.73
1998
3.16
1999
3.51
2000
3.53
2001
3.60
2002
3.65

As of April 1, 2003, the exchange rate was 3.60. The source of this exchange rate information is the Peruvian National Bank, Banco de la Nacion
 

August 10, 2010.
MALIN PLANT SERVICES CONTRACT:
SECOND MILESTONE REACHED
Plexmar Resources Inc. is pleased to announce that it has been informed by Iimpul Peru S.A.C. that the second milestone of the services contract signed on last July 12 (See press release of July 12 2010), has been reached; the Malin plant has processed at least 90 metric tons per day for ten (10) consecutive days...more

August 03, 2010
COMPLETION OF A $664,000 PRIVATE PLACEMENT
Plexmar Resources Inc. is pleased to confirm that it has completed today a private offering for a gross amount of $664,000. The offering is a first tranche of a private offering which may reach a maximum of $950,000 and consisted in the issuance of a total of 11,066,667 units (the "Units") at a price of $0.06 per Unit... more

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