Perpetua Resources Corp. press release

Peloton Receives Subscriptions for $456,866.76 Financing

2021-12-09

NASDAQ - Nasdaq Stock Market · Gold · Antimony · Silver · United States · Financing

(TheNewswire)

December 9, 2021 – TheNewswire - London, Ontario – Peloton Minerals Corporation (“PMC” or the “Company”) (CSE Symbol: PMC ) ; (CNSX:PMC.CN); ( OTC:PMCCF) has received subscriptions for a private placement totaling CDN$456,866.76 (the “ Private Placement ”) and consisting of 7,614,446 units priced at CDN$0.06 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.10. Proceeds of the financing will be used for working capital.

For further information please contact:

Edward (Ted) Ellwood, MBA

President & CEO 1-519-964-2836

Peloton Minerals Corporation is a reporting issuer in good standing in the Provinces of British Columbia and Ontario whose common shares are listed on the CSE (Symbol: PMC) and trade in the U.S. on the OTC QB (Symbol: PMCCF) . There are 105,719,975 common shares issued and outstanding in the capital of the Company before the issuance of the units described in this release.

Peloton’s exploration portfolio includes a Copper Porphyry project near Butte, Montana, three Carlin Style Gold exploration projects in Elko County, Nevada, and one Epithermal gold project near Virginia City, Montana under a JV option.

CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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