Peloton Minerals extends warrant expiry to 2028 for 1.8M shares
Peloton Minerals Corporation has announced changes to its warrant expiry dates. The company, listed on the Canadian Securities Exchange and the US OTC QB, holds a diverse portfolio of mineral exploration projects. Shareholders will now have an extra two years to exercise certain warrants at a fixed price. The Vancouver-based firm is extending the expiry time for 1,798,889 warrants. Originally set to end on 31 May 2026, these can now be exercised until 31 May 2028. Each warrant allows the holder to buy one common share at CDN$0.12.
Peloton currently has 152,567,062 common shares issued and outstanding. Its shares trade under the symbol PMC on the Canadian Securities Exchange and as PMCCF on the US OTC QB market. The company’s exploration work spans multiple sites. Its North Elko Lithium Project in Nevada focuses on lithium extraction. Another key asset is a gold exploration project along Nevada’s Carlin Trend. Additionally, Peloton holds a non-controlling stake in a copper porphyry project near Butte, Montana.
The extended warrant period gives investors more time to participate at the current exercise price. Peloton remains a reporting issuer in good standing in British Columbia and Ontario. Its projects continue to target lithium, gold, and copper across key mining regions in the US.