Peloton Warrant Extension

PELOTON MINERALS CORPORATION

NEWS RELEASE

April 05, 2019 CSE SYMBOL: PMC

OTCQB Symbol: PMCCF

Peloton Warrant Extension

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

Symbol: PMC ) has modified the expiry time of certain outstanding w arrants of the

Company held by previous private placement investors as follows:

a. 1,450,000 warrants exercisable at a price of CDN$0.10 until 5 :00 pm

on April 22, 2019 are now exercisable until 5:00 pm on April 22, 2021.

For further information please contact:

Edward (Ted) Ellwood, MBA

President & CEO 1-519-964-2836

Peloton Minerals Corporation is a reporting issuer in good standi ng in the Province of

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 78,614,800 common shares issued

and outstanding in the capital of the Company.

Peloton owns three gold exploration projects located in Elko County, Nevada, including

Independence Valley which is now under option to Kinross. The Company also has

projects in Montana and Ontario, Canada.

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

release.