Peloton Minerals Corporation announced a non-brokered private placement to issue 1,798,889 units at an issue price of CAD 0.09 per unit for the gross proceeds of CAD 161,900 on May 31, 2023. Each unit consists of one common share and one common share purchase warrant exercisable for three years at CAD 0.12. The securities issued in connection with the transaction are subject to a hold period expiring four months and one day from the issuance of the securities.