Grant of Options

PELOTON MINERALS CORPORATION

NEWS RELEASE

June 9, 2023 CSE SYMBOL: PMC

OTCQB Symbol: PMCCF

Grant of Options

London, Ontario – Peloton Minerals Corporation (“PMC” or the “Company”) (CSE

Symbol: PMC OTCQB; Symbol: PMCCF ) has granted a total of 1,000,000 incentive

stock options to a director of the Company. These options are exercisable over five years

at an exercise price of $0.1 1. This grant of options replaces stock options that expired

unexercised.

For further information please contact:

Edward (Ted) Ellwood, MBA

President & CEO 1-519-964-2836

Peloton Minerals Corporation is a reporting issuer in good standing in the Provinces of British

Columbia and Ontario whose common shares are listed on the CSE (Symbol: PMC) and trade in

the U.S. on the OTC QB (Symbol: PMCCF) . There are 1 20,746,348 common shares issued and

outstanding in the capital of the Company.

Peloton’s core exploration portfolio includes a Copper Porphyry project near Butte, Montana and

three Carlin Style Gold exploration projects in Elko County, Nevada.

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

release.