North Peak Resources Ltd. Modifies Private Placement Terms

North Peak Resources Ltd., a Canadian company focused on gold exploration and development, has announced amendments to its non-brokered private placement originally disclosed on September 30, 2024. The company plans to issue up to 2,000,000 common shares at CAD$0.75 each, aiming for gross proceeds of up to CAD$1,500,000. These funds are earmarked for exploring and developing mining assets, continued business development, and covering general and administrative expenses.

The private placement is pending approval from the TSX Venture Exchange. Securities issued will have a four-month hold period as per securities laws. North Peak might pay commissions to eligible parties if approved by the exchange. The company stresses its securities are not for sale in the U.S. without compliance to local laws. Forward-looking statements are detailed with potential risks and uncertainties.