Sun Peak Metals Corp.

Sun Peak Metals Corp. is pleased to provide an update on its 100%-owned copper and gold exploration projects in the Kingdom of Saudi Arabia and to report that field-based exploration activities have commenced across multiple priority projects. The Company also announces new appointments to the Sun Peak Board of Directors. As announced on December 18th, 2025, Sun Peak completed the acquisition of Saudi Discovery Company [...]

Sun Peak Metals Corp. reports that the board of directors of Sun Peak granted a total of 6,575,000 incentive stock options of the capital stock of the Company to directors, officers, employees and consultants exercisable for up to a five year period at an exercise price of $0.38, being the closing share price on January 8, 2026, pursuant to the Company's shareholder approved stock option plan. Greg Davis President, CEO [...]

Sun Peak Metals Corp. is pleased to announce the successful completion of its previously announced transaction pursuant to which Sun Peak acquired all of the issued and outstanding shares of Saudi Discovery Company SPV Limited , by way of a share exchange . Greg Davis, Chief Executive Officer of Sun Peak, commented: "We are very excited to complete the transaction with SDC and related $6.7 million financing, which will [...]

Sun Peak Metals Corp. is pleased to announce it has closed its oversubscribed non-brokered private placement, previously announced on October 16, 2025, for aggregate gross proceeds of $6,668,622.10 on November 27, 2025, comprised of: 16,032,470 subscription receipts of a wholly owned subsidiary of the Company at a price of $0.35 per FinCo Subscription Receipt for gross proceeds of $5,611,364.50; and 3,020,736 subscription [...]

Sun Peak Metals announced that, further to its news releases dated Sept 18, Oct 15 and Oct 16, 2025, it has entered into a definitive share exchange agreement dated October 30, 2025, with Saudi Discovery Company SPV Limited and all of its shareholders, pursuant to which Sun Peak will acquire 100% of the issued and outstanding shares of SDC. Under the terms of the Agreement, Sun Peak will issue an aggregate of 58,065,356 [...]

Sun Peak Metals is pleased to announce a non-brokered private placement of up to 14,285,714 subscription receipts of a wholly owned subsidiary of the Company at a price of $0.35 per Subscription Receipt for aggregate gross proceeds of up to $5,000,000 in connection with the previously announced business combination with Saudi Discovery Company SPV. The net proceeds of the Offering are expected to be used for advancement [...]

Sun Peak Metals is pleased to provide an update on its new projects in the Kingdom of Saudi Arabia as it proceeds towards a definitive agreement to combine with Saudi Discovery Company SPV, as announced on Sept 18, 2025. The proposed combination will create a leading exploration and development company focused on copper and gold projects within the Arabian-Nubian Shield, one of the world's most prospective and [...]

Sun Peak Metals and Saudi Discovery Company announced that they have entered into a non-binding Letter of Intent dated Sept 17, 2025, to combine their respective businesses . The Transaction will create a leading exploration and development company focused on the highly prospective Arabian-Nubian Shield. SDC is a privately held mineral exploration company with a portfolio of six existing exploration licenses covering 340 [...]

Sun Peak Metals provides an update on the Shire VMS and Gold Project in northern Ethiopia. Further to the Company's June 27, 2025 news release, Sun Peak has formally notified Ethiopia's Ministry of Mines of a force majeure declaration covering all six exploration licenses within the Shire Project. The declaration, effective retroactively from March 2025, follows the Interim Regional Administration of Tigray's suspension [...]

Sun Peak Metals provides an update on the exploration work on the Shire VMS and gold Project. Exploration activities, including the Time Domain Electromagnetic survey, have been temporarily paused in line with the beginning of the rainy season and seasonal planning. The TDEM program, initiated in Jan 2025, progressed steadily despite political challenges in the region, demonstrating the team's adaptability and commitment [...]