North Peak Resources Ltd. increased the size of its non-brokered private placement to up to 5.75 million units priced at C$1.00 each, for maximum gross proceeds of C$5.75 million. Each unit includes one common share and one-half of a warrant, with each whole warrant exercisable at C$1.50 for 12 months, subject to an acceleration clause if the shares trade at or above a C$2.00 VWAP for 20 consecutive trading days. Proceeds are intended to fund continued drilling at the Prospect Mountain property in Nevada, business development, and general administrative expenses, and the financing remains subject to TSX Venture Exchange approval and a four-month hold period.

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