Peak Discovery arranges $200,000 private placement

• The most recent release (April 14, 2026) announces a non-brokered private placement of up to 1,666,667 common shares at $0.12 per share for gross proceeds of up to $200,000.
• Proceeds are designated for pursuing business opportunities, specifically the proposed Reverse Takeover (RTO), and general working capital.
• A non-binding Letter of Intent (LOI) regarding an RTO with a party holding exploration rights in the Philippines has been extended to expire on May 30, 2026.
• Previous financing history shows a pattern of small capital raises: October 2025 proposed ~$104k + debt settlement; November 2025 closed $104k at $0.07 per unit (including warrants).
• The current April 2026 placement price ($0.12) is significantly higher than the previous November 2025 placement price ($0.07), and notably does not include warrants in this specific tranche, unlike the prior round.

• Capital Sufficiency: The $200,000 raise provides immediate liquidity to fund operations and due diligence for the RTO, reducing near-term insolvency risk but maintaining a reliance on external financing.
• Valuation Signal: The increase in placement price from $0.07 (Nov 2025) to $0.12 (April 2026) suggests improved investor sentiment or a higher perceived value of the RTO asset, which is positive for existing shareholders compared to previous dilution rates.
• RTO Timeline: The LOI extension to May 30, 2026, creates a binary catalyst within two months; failure to close by this date could trigger negative sentiment regarding the company's ability to pivot from its shell status.
• Dilution Profile: Unlike the November round which included warrants (future dilution), this round consists of common shares only, offering a cleaner capital structure for existing holders despite the share issuance.

• Company Name: Peak Discovery Capital Ltd.
• Business Model: Exploration and development company currently seeking a Reverse Takeover (RTO) transaction.
• Flagship Project/Asset: Proposed acquisition of contractual rights to conduct exploration activities on a property with an exploration permit (EP) in the Philippines via RTO.
• Development Stage: Pre-revenue, shell status transitioning to operational asset pending RTO completion.