Peak Minerals Completes Private Placement Financing

Peak Minerals Ltd. (TSE:PEK) has released an update.

Peak Minerals Ltd. has successfully completed its final tranche of a private placement, raising a total of C$250,000 by issuing 5,000,000 common shares. The company plans to use the proceeds for general working capital and corporate expenses, while also issuing 200,000 stock options to its directors.

For further insights into TSE:PEK stock, check out TipRanks’ Stock Analysis page.