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SRAN.CN ·

PEAK Minerals Ltd. Press Release

Corporate Updates

PEAK MINERALS LTD. PRESS RELEASE

April 4, 2025

Peak Minerals Ltd. announces name change to Sranan Gold Corp.

and new trading symbol

Vancouver, Canada – Peak Minerals Ltd. (CSE: PEK) (“Peak” or the “Company”) announces that it

will change its name to "Sranan Gold Corp. " effective after market close on April 7 , 2025 . The

Company's common shares will begin trading on the Canadian Securities Exchange under the new

name at the opening of market on April 8 , 2025. In connection with the name change, the

Company's trading symbol will be changed to "SRAN” .

The Company anticipates no interruptions to its trading activities as part of this change.

The Company’s ISIN and CUSIP numbers for the common shares will change to CA85238C1086 and

85238C108, respectively. There is no consolidation of the Company's share capital in connection

with the name change and, as a result, certificates representing common shares of the Company

will not be affected by the name change and shareholders will not be required to exchange their

shares or take any other action. Shareholders holding share certificates of the Company can

request a replacement certificate, however new certificates are not required and will not be

automatically issued.

The Company’s CEO, Mr. Oscar Louzada stated, "We are excited to announce our new name as

Sranan Gold to reflect our focus on gold exploration in Suriname. Sranan means Suriname in the

local dialect. Suriname has seen a significant resurgence in exploration with the recent success of

companies such as Founders Metals, Miata Metals and Greenheart Gold. We feel that the potential

at our Tapanahony Project is on par with those of the other explorers in Suriname, based on the

recent Lidar survey interpretation and the 4,000 meters of historical drilling which showed a highly

mineralized system with grades of up to 39.3 grams per tonne gold. We anticipate a consistent news

flow over the coming months as work is underway at site in preparation for the upcoming drill

program.”

The Company’s corporate presentation will be available on its new website at www.sranangold.com

on April 8, 2025.

Qualified Person

Dr. Dennis J. LaPoint, Ph.D., P .Geo. a “qualified person” as defined under National Instrument 43-

101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint

has reviewed and verified the data disclosed in this release and no limitations were imposed on his

verification process.

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About Peak Minerals

Peak Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of mineral

property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of

Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and

largest small-scale mining areas in Suriname. There is significant production from saprolite by local

miners along a 4.5-kilometre trend, where several areas of mining have been opened.

Peak Minerals Ltd. is also exploring its Aida Property consisting of five mineral claims covering an

area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division.

On Behalf of the Board of Directors

Jonathan Yan

Director

Information Contact

Oscar Louzada, CEO

+31 6 25438975

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE

CONTENT OF THIS PRESS RELEASE.

Forward-looking statements

Certain statements in this release constitute “forward-looking statements” or “forward-looking information”

within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and

details regarding the Company’s future exploration plans. Such statements and information involve known

and unknown risks, uncertainties and other factors that may cause the actual results, performance or

achievements of the Company, its projects , or industry results, to be materially different from any future

results, performance or achievements expressed or implied by such forward- looking statements or

information. Such statements can be identified by the use of words such as “may” , “would” , “could” , “will” ,

“intend” , “expect” , “believe” , “plan” , “anticipate” , “estimate” , “scheduled” , “forecast” , “predict” and other

similar terminology, or state that certain actions, events or results “may” , “could” , “would” , “might” or “will”

be taken, occur or be achieved. These statements reflect the company’s current expectations regarding

future events, performance and results and speak only as of the date of this release.

Forward-looking statements and information contained herein are based on certain factors and

assumptions regarding, among other things, the estimation of mineral resources and reserves, the

realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of

future exploration and development, capital and operating costs, the availability of financing, the receipt of

regulatory approvals, environmental r isks, title disputes and other matters. While the Company consider s

its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not

guarantees of future performance and readers should not place undue importance on such statements as

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actual events and results may differ materially from those described herein. The Company does not

undertake to update any forward-looking statements or information except as may be required by applicable

securities laws.