Mr. Brian Hinchcliffe reports

NORTH PEAK ANNOUNCES GRANT OF STOCK OPTIONS

North Peak Resources Ltd. has granted incentive stock options to acquire a total of 525,000 common shares of the company at an exercise price of $1.53 per share, with such options to vest as to one-half immediately and the remaining one-half on the first-year anniversary of the date of grant. The options expire five years from the date of grant. Of these options, 450,000 were granted to directors of the company and the remaining 75,000 were granted to consultants.

About North Peak Resources Ltd.

The company is a Canadian-based gold exploration and development company. The company is focused on acquiring historic sites, with low-cost producing gold and other metals properties, with near-term production potential and eight-plus-year mine life in the Northern Hemisphere.

The company recently acquired an initial 80-per-cent interest in the Prospect Mountain mine complex in Eureka, Nev. (see the company's May 4, May 23 and Aug. 25, 2023, press releases).

We seek Safe Harbor.