North Peak Proposes Warrant Expiry Extension

North Peak Resources Ltd. has announced plans to extend the expiry dates of 4,515,831 common share purchase warrants. Subject to approval by the TSX Venture Exchange, the new dates will shift from October 2026 to January 2027. This involves 4,307,498 warrants moving to January 17, 2027, and 208,333 warrants to January 24, 2027.

These warrants, linked to a non-brokered private placement from April 2025, retain their original $0.90 exercise price. Among the warrants, 390,000 are owned by related parties, thus categorizing the proposal as a "related party transaction." North Peak plans to utilize exemptions from valuation and approval requirements, as the transaction involves less than 25% of the company’s market cap.

The extensions hinge on acceptance by TSXV, with no guarantee of approval. A material change report will subsequently be filed regarding this transaction.