Peloton Minerals will be closing a non-brokered private placement of CDN$116,000 and consisting of 1,160,000 units priced at CDN$0.10 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.15. The Private Placement will be conducted in reliance upon certain prospectus exemptions, including the exemption allowing issuers to raise capital by distributing [...]
Peloton Minerals updates on the newly acquired Texas Canyon Project, that was briefly mentioned in the Peloton April 26, 2018 release about it's Independence Valley Project. Texas Canyon is located in Elko County, about 5 miles west of the Company's Golden Trail Project, 55 miles north of Newmont's Long Canyon Project, and 84 miles north of the Independence Valley Project. Texas Canyon is comprised of an 880 acre claim [...]
Peloton Minerals and Kinross Gold USA Inc. have signed an Exploration Agreement with a joint Venture Option on the Company's Independence Valley Project including an area of interest established around the Project which is located in Elko County, Nevada. Under the Agreement, Kinross may earn up to a 75% interest in the Project by spending a total of US$4,000,000 in exploration expenditures within six years. Independence [...]
Peloton Minerals has completed a non-brokered private placement for gross proceeds totaling $102,750.00 and consisting of 1,868,182 units priced at $0.055 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.10. Proceeds from the private placement will be used for general working capital and administrative expenses. The securities issued in connection [...]
Peloton Minerals has completed a non-brokered private placement for gross proceeds totaling $73,682.50 and consisting of 1,339,682 units priced at $0.055 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.10. Proceeds from the private placement will be used for general working capital and administrative expenses. The securities issued in connection with [...]
Peloton Minerals has modified the expiry time of certain outstanding warrants of the Company. The Company has modified the expiry times of certain outstanding warrants of the Company held by previous private placement investors as follows: a.1,000,000 warrants exercisable at a price of CDN$0.10 until 5:00 pm on December 30, 2017 are now exercisable until 5:00 pm on December 30, 2019. For further information please [...]
(TheNewswire) London, Ontario / TheNewswire / August 31, 2017 - Peloton Minerals Corp. ("Peloton" or the "Company") (CSE Symbol: PMC) has closed the second tranche of a non-brokered private placement (the "Private Placement") previously announced May 3, 2017 for gross proceeds totaling $272,139.95 and consisting of 4,947,999 units priced at $0.055 per unit. Each unit consists of one common share and one common share [...]
Peloton Minerals has closed the first tranche of a non-brokered private placement previously announced May 3, 2017 for gross proceeds totaling $221,875 and consisting of 4,034,090 units priced at $0.055 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.10. Proceeds from the private placement will be used for mineral exploration, general working capital [...]
Peloton Minerals has recently granted a total of 2,600,000 incentive stock options to directors and a consultant of the Company. These options are exercisable over 5 years at an exercise price of $0.10. This grant of options replaces on the same terms those stock options that expired May 1, 2017. For further information please contact: Edward (Ted) Ellwood, MBA President & CEO 1-519-964-2836 [...]
Peloton Minerals is arranging a non-brokered private placement for up to CDN$550,000 and consisting of 10,000,000 units priced at CDN$0.055 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.10. There is no minimum amount to be raised pursuant to the Private Placement. The maximum gross proceeds of the Private Placement will be used to fund the [...]
Peloton Minerals has modified the expiry time of certain outstanding warrants of the Company and has granted incentive stock options to a consultant. The Company has modified the expiry times of certain outstanding warrants of the Company held by arm's length parties as follows: a.2,000,000 warrants exercisable at a price of CDN$0.10 until 5:00 pm on March 3, 2017 are now exercisable until 5:00 pm on March 3, 2019 [...]
Peloton Minerals is pleased to update on recent exploration activity and on the Company's exploration plans for 2017. Peloton owns a 100% interest in four gold exploration projects located in the States of Nevada and Montana and in the Province of Ontario. On the Golden Trail Project, Peloton began a core drilling program in late 2016 and plans to complete the program in 2017. The program is designed to establish [...]
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