Mr. Rupert Williams reports

NORTH PEAK ENGAGES ICP SECURITIES FOR AUTOMATED MARKET MAKING SERVICES

North Peak Resources Ltd. has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable securities legislation.

Pursuant to the market-making agreement entered into between the company and ICP, ICP will receive a fee of $7,500 (plus applicable taxes) per month, payable monthly in advance. The agreement is for an initial term of four months and shall be automatically renewed for subsequent one-month terms unless either the company or ICP provides at least 30 days written notice of termination to the other prior to the end of an additional term.

ICP does not have any interest, directly or indirectly, in the company or its securities or any right or intent to acquire such an interest at this time; however, ICP and its clients may acquire an interest in the securities of the company in the future. There are no performance factors contained under the terms of the agreement, and no equity incentive compensation or other compensation, other than the service fee, is being granted by the company to ICP in connection with the agreement.

ICP is an arm's-length party to the company. ICP's market-making activity services provided to the company pursuant to the terms of the agreement will be primarily to correct temporary imbalances in the supply and demand of the company's common shares. ICP will be responsible for the costs it incurs in buying and selling the company's common shares, and no third party will be providing funds or securities for the market-making activities provided by ICP.

Clarification regarding recent grant of options

On March 10, 2025, the company granted 300,000 options to acquire common shares to the chief executive officer of the company. For clarification, those options expire five years from the date of grant.

About North Peak Resources Ltd.

The company is a Canadian-based gold exploration and development company that is listed on the TSX Venture Exchange under the symbol NPR. The company is focused on acquiring historic sites, with low-cost producing gold and other metal properties, with near-term production potential and an eight-year-plus mine life in the northern hemisphere.

The company has 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).

The company can give no assurances at this time that its properties and interests will fulfill the company's business development goals described herein. Trading in the securities of the company should be considered highly speculative.

We seek Safe Harbor.