Peloton Minerals Corp. advanced all four of the Company's gold exploration projects during 2019 and all four projects are recommended for follow-up exploration programs in 2020. Three of the projects are located in Elko County and one project is in the Virginia City Mining District with the 2019 exploration results and 2020 plans provided in alphabetical order of the project as below. Golden Trail Project - In late 2019 [...]
Peloton Minerals Corp. has modified the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: a.3,636,364 warrants exercisable at a price of CDN$0.10 until 5:00 pm on December 21, 2019 are now exercisable until 5:00 pm on December 21, 2021; b.886,667 warrants exercisable at a price of CDN$0.125 until 5:00 pm on December 29, 2019 are now exercisable until 5:00 [...]
Peloton Minerals Corp. is pleased to announce that all four of Peloton's gold exploration projects will be active this fall with drilling programs being conducted on three projects and surface field work on a fourth project in preparation for an NI 43-101 technical report on that project to be issued later this year. In addition, the Company has received subscriptions of CDN$523,302.50 toward a second tranche of private [...]
Peloton Minerals Corp. will be closing the first tranche of a non-brokered private placement with the first tranche being CDN$73,352.90 and consisting of 733,529 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 [...]
Peloton Minerals Corp. 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 five years at an exercise price of $0.10. 1,050,000 of these stock options replace 1,050,000 stock options exercisable at $0.065 that expired May 29, 2019. The consultant receiving 200,000 options on these terms is Graham Murray who provides market making [...]
Peloton Minerals Corporation has modified the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: a.1,200,000 warrants exercisable at a price of CDN$0.10 until 5:00 pm on June 10, 2019 are now exercisable until 5:00 pm on June 10, 2021. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 [...]
Peloton Minerals Corporation reports that Frederick Private Equity Corporation has signed an agreement with African Metals Corp. to fund and accelerate exploration on Peloton's Silver Bell - St. Lawrence Gold Project in Montana. Under the original Exploration Agreement with Joint Venture Option between Frederick PEC and Peloton, Frederick PEC can earn up to a 75% interest by spending US$2,000,000 in exploration on the [...]
Peloton Minerals Corp. has modified the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: a.1,450,000 warrants exercisable at a price of CDN$0.10 until 5:00 pm on April 22, 2019 are now exercisable until 5:00 pm on April 22, 2021. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting [...]
Peloton Minerals Corp. through its wholly owned subsidiary SBSL Subsidiary Corporation and Frederick Private Equity Corporation have signed an Exploration Agreement with a joint Venture Option on the Company's Silver Bell - St. Lawrence Gold Project including an area of interest established around the Project which is located in the Virginia City Mining District, Montana. Under the Agreement, Frederick PEC may earn up to [...]
Peloton Minerals Corp. has completed a non-brokered private placement for gross proceeds totaling $106,062.50 and consisting of 1,060,625 units priced at $0.10 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.15. Proceeds from the private placement will be used for general working capital and administrative expenses. The securities issued in [...]
Peloton Minerals Corp. will be closing a non-brokered private placement of CDN$130,122.50 and consisting of 1,301,225 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 [...]
Peloton Minerals Corp. has modified the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: 400,000 warrants exercisable at a price of CDN$0.10 until 5:00 pm on December 7, 2018 are now exercisable until 5:00 pm on December 7, 2020. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting [...]