Peloton Minerals Completes Private Placement Financing

PELOTON MINERALS CORPORATION

NEWS RELEASE

March 15, 2019 CSE SYMBOL: PMC

OTCQB Symbol: PMCCF

Peloton Minerals

Completes Private Placement Financing

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

(CSE Symbol: PMC or OTCQB Symbol: PMCFF) has completed a non-brokered private

placement (the “Private Placement ”) for gross proceeds totaling $106,062.50 and

consisting of 1,060,625 units priced at $0.10 per unit. Each unit consists of one common

share and one common share purchase warrant exercisable for three years at $0.15.

Proceeds from the private placement will be used for general working capital and

administrative expenses.

The securities issued in connection with the Private Placement are subject to a hold

period expiring four months and one day from the issuance of the securities.

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 Province of

Ontario whose common shares are listed on the CSE (Symbol: PMC). There are

78,604,800 common shares issued and outstanding in the capital of the Company

including the issuance described in this release.

Peloton holds five gold exploration projects located in the US states of Nevada and

Montana and in the Province of Ontario, Canada.

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

release.