Peloton Minerals (TSE:PMC) has released an update.
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Peloton Minerals Corporation announces a private placement aimed at raising between $50,000 to $200,000 by selling units at CDN$0.09 each, with proceeds intended for lithium exploration in northern Nevada and working capital. Each unit will include a common share and a warrant, exercisable for three years at $0.12. The offering relies on exemptions that allow sales to certain shareholders and accredited investors.
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