Peloton Minerals Grants Stock Options to Consultant

London, Ontario — November 28, 2025 — Leads & Copy — Peloton Minerals Corporation (PMC) has announced the grant of a stock option for 366,666 shares to a consultant. The options are exercisable at $0.11 per share for a period of three years.

Peloton Minerals Corporation is a reporting issuer in good standing in British Columbia and Ontario. Its common shares are listed on the CSE under the symbol PMC and trade in the U.S. on the OTCQB under the symbol PMCCF. As of the announcement, there are 150,228,177 common shares issued and outstanding.

The company's exploration portfolio includes a 100% interest in the North Elko Lithium Project in northeastern Nevada, which is prospective for lithium, uranium, critical, and rare earth minerals. It also includes the Golden Trail and Independence Valley Carlin-style gold projects in northeastern Nevada, and a non-controlling interest in a copper porphyry project near Butte, Montana.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This release contains forward-looking information and statements, which involve risks and uncertainties. The company advises investors not to place undue reliance on these statements, as actual results may differ materially from those projected.

Edward (Ted) Ellwood, MBA
President & CEO 1-519-964-2836

Source: Peloton Minerals Corporation