Grand Peak Capital Corp. announced a non-brokered private placement of up to 50,000,000 common shares at a price of CAD 0.01 per share for the gross proceeds of up to CAD 500,000 on March 7, 2024. The company intends to close the initial CAD 500,000 in lead orders upon exchange approval.

Due to additional interest in financing, the company may upsize and extend the closing date of its offering in the coming days. The company may pay a finder's fee to qualified finders with respect to the financing. Securities issued resulting from the financing will be subject to a statutory hold period.

Any securities issued to insiders of the company will also be subject to the TSX Venture Exchange hold period. The private placement is subject to acceptance for filing by the TSX-V.