Golden Peak Closes Financing

200 Burrard Street, Suite 1680 

Vancouver, BC V6C 3L6 

Office: 604.678.5308 

 TF: 1.855.584.0160 

www.goldenpeakminerals.com 

Golden Peak Closes Financing

Vancouver, BC – February 22, 2018: Golden Peak Minerals Inc. (TSX-V: GP; US: GPKMF) (“Golden

Peak” or the “ Company”) is pleased to announce that it has closed its private placem ent of 14,144,547

units at $0.12 per unit for total gross proceeds of $1,697,346 (the “Placement”). Each unit consists of one

common share and one transferable share purchase warrant, each warrant exercisable into one additional

common share for a period of two years from the date of issue at a price of $0.15 per share.

The Company paid a total of $83,914.19 and issued 399,285 share purchase warrants in respect of finders’

fees on the placement. Each warrant is exercisable into one common share of the Company for a period of

two years from the date of issue at a price of $0.15 per share.

Proceeds of the Placement will be used for general working capital.

All securities issued under the Placement will be subject to hold periods expiring four months from the date

of issue.

On Behalf of the Board,

Wes Hanson, President and CEO

For more information, please contact [email protected] or

call toll-free: +1 (855) 584-0160

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.