Mr. Edward Ellwood reports

EXTENSION OF WARRANT EXPIRY DATE

Peloton Minerals Corp. will modify the expiry time of certain outstanding warrants of the company as follows: 5,613,038 warrants exercisable at a price of 10 cents until 5 p.m. on Aug. 16, 2025, will be exercisable until 5 p.m. on Aug. 16, 2027.

Peloton Minerals is a reporting issuer in good standing in the provinces of British Columbia and Ontario whose common shares are listed on the Canadian Securities Exchange (symbol: PMC) and trade in the United States on the OTCQB exchange (symbol: PMCCF). There are 138,714,260 common shares issued and outstanding in the capital of the company.

Peloton's exploration portfolio includes the North Elko lithium project in Elko county, Nevada, a gold exploration project on the Carlin trend in Nevada and a non-controlling interest in a copper porphyry project near Butte, Mont.

We seek Safe Harbor.