North Peak Resources Expands Private Placement Offer

North Peak Resources Ltd. has announced an increase in its non-brokered private placement. Initially disclosed on February 17, 2026, the company now aims to offer up to 5,750,000 equity units at C$1.00 each, totaling potential gross proceeds of C$5,750,000. Each unit includes one common share and a half warrant, allowing the purchase of an additional share at C$1.50 within a 12-month period.

This move aligns with North Peak's plans to further its drilling endeavors at Prospect Mountain, a key site in Nevada known for its historic gold and polymetallic mining. However, the expansion is subject to approval by the TSX Venture Exchange. The funds will also support the company's business development and administrative needs.

A future commission or finder’s fee could be yielded to eligible participants, as per regulatory guidelines. Additionally, the offering is encumbered by a four-month hold in compliance with securities laws.