Peloton Minerals intends to close a partially-brokered private placement of units priced at CDN$0.09 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.12. The Private Placement will be conducted in reliance upon certain prospectus exemptions, including the exemption allowing issuers to raise capital by distributing securities to existing shareholders [...]
Peloton Minerals has granted a total of 500,000 incentive stock options to a director of the Company. These options are exercisable over five years at an exercise price of $0.11. For further information please contact: Edward Ellwood, MBA President & CEO, 1-519-964-2836 Peloton is a reporting issuer in good standing in the Provinces of Ontario and British Columbia whose common shares are listed on the CSE and trade in the [...]
Peloton Minerals has staked 222 new mineral claims in the vicinity of the Company's Golden Trail, Emigrant Springs and Texas Canyon claim blocks. When the newly staked claims are filed and recorded with the appropriate agencies, the Company's ground position in the area will total 408 claims or about 8,160 acres. Going forward, the Company plans to refer to all of these claim blocks as the North Elko Lithium Project. The [...]
Peloton Minerals will modify the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: 4,966,667 warrants exercisable at a price of CDN$0.125 until 5:00 pm on Oct 16, 2023 will be exercisable until 5:00 pm on October 16, 2025. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton is a reporting issuer in good [...]
Peloton Minerals Corp. has staked and filed for recording 98 new mineral claims in northeastern Nevada after identifying significant outcrops of potential lithium bearing hectorite and illitic clays using hyperspectral minerology mapping technology. The newly staked claims are between and slightly south of two other claim blocks the Company holds in the area, Texas Canyon and Golden Trail, which are about 6 kilometers [...]
Peloton Minerals has retained IBK Capital of Toronto to source capital on a best-efforts basis, for the purposes of exploring the Company's 100% owned Texas Canyon and Golden Trail properties. IBK Capital is an independent and privately owned Canadian investment banking firm. Since inception in 1989, IBK Capital has established an enviable track record having played a role in global transactions with a combined value of [...]
Peloton Minerals and Celerity Mineral have reached an agreement with the original vendors of the Boulder Copper Porphyry Property, to cancel the requirement for cash payments to be made over three years totalling US$600,000, which was part of the original acquisition terms. The Boulder Porphyry is held 100% by Celerity and as part of this agreement, Peloton's interest in Celerity will be about 18% with no further cash [...]
Peloton Minerals reports that it has identified potential lithium bearing hectorite and illite clays in outcrop over an extensive area at its Texas Canyon property, as well as at the Company's Golden Trail property located about 6 kilometres to the east, using hyperspectral minerology mapping technology. Hectorite and illite clays are the predominant lithium bearing minerals at Thacker Pass within the McDermitt Caldera in [...]
Peloton Minerals has closed a non-brokered private placement of CDN$55,000.00 and consisting of 611,111 units priced at CDN$0.09 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.12. The Private Placement was conducted in reliance upon certain prospectus exemptions, including the exemption allowing issuers to raise capital by distributing securities to [...]
Peloton Minerals intends to close a non-brokered private placement of CDN$55,000.00 and consisting of 611,111 units priced at CDN$0.09 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.12. The Private Placement will be conducted in reliance upon certain prospectus exemptions, including the exemption allowing issuers to raise capital by distributing [...]
Peloton Minerals has closed a non-brokered private placement of CDN$156,779.91 and consisting of 1,741,999 units priced at CDN$0.09 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.12. The Private Placement will be conducted in reliance upon certain prospectus exemptions, including the exemption allowing issuers to raise capital by distributing [...]
Peloton Minerals has granted a total of 1,000,000 incentive stock options to a director of the Company. These options are exercisable over five years at an exercise price of $0.11. This grant of options replaces stock options that expired unexercised. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting issuer in good standing in the Provinces of [...]