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May 28, 2026 – TheNewswire - London, Ontario – Peloton Minerals Corporation (“Peloton” or the “Company”) (CSE Symbol: PMC; OTCQB Symbol: PMCCF)) has closed the first tranche of a non-brokered private placement financing previously announced as planned on May 19, 2026. The Company received $1,030,499.91 from 11,449,999 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 Company paid fees equal to eight percent of the funds raised and issued ten percent of the units issued in the form of broker warrants exercisable into a unit of the offering at the offering price for sixty months. The proceeds of the Private Placement will be used for exploration in northern Nevada and working capital. ...
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