Peak Resources Limited Entitlement Issue Extension

Perth, Australia (ABN Newswire) - Peak Resources Ltd. (ACN 112 546 700) (ASX:PEK) (Company) advises that it has extended the closing date for its current non-renounceable entitlement issue (Offer) from 13 January 2014 to 20 January 2014

As announced on 5 December 2013, the Company offered a non-renounceable entitlement issue of approximately 55,111,377 fully paid ordinary shares (New Shares) on the basis of one (1) New Share plus one (1) free attaching option (New Option) for every five (5) shares held by the Company's shareholders with a registered address in Australia or New Zealand at an issue price of $0.06 per New Share to raise approximately $3,306,683.

In accordance with the Offer, Eligible Shareholders may also elect to participate in the shortfall offer and apply for Shortfall Securities in excess of their pro rata entitlement under the Offer.

The revised timetable is presented below:

Event                               Date  

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Closing Date*    2.00 pm (WST) on 20 January 2014

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Securities quoted on a 

deferred settlement basis       21 January 2014

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ASX notified of under 

subscriptions                   23 January 2014

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Issue of Securities and 

despatch of holding statements  29 January 2014

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Quotation of Securities 

issued under the Offer*         29 January 2014

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