North Peak Resources

Announcement of Private Placement to fund exploration at Kenogami Lake Project

10 December 2020

NORTH PEAK RESOURCES LTD. (TSXV: NPR) (the " Company ") is pleased to announce that it intends to complete a non-brokered private placement of up to 2,000,000 common shares of the Company (" Common Shares ") at a price of CAD$0.48 per share for gross proceeds of up to CAD$960,000 (the " Private Placement "). The Company has the option to increase the size of the Private Placement by up to an additional 300,000 Common Shares, for total gross proceeds of up to CAD$1,104,000.

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