Re-Grant of Expired Options

(TheNewswire)

December 19, 2025 – TheNewswire - London, Ontario – Peloton MineralsCorporation (“PMC” or the “Company”) (CSE Symbol: PMC OTCQB; Symbol: PMCCF) has re-granted atotal of 2,100,000 incentive stock options to directors of the Companyto replace options that expired on December 18, 2025. The options areexercisable over five years at an exercise price of $0.115.

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 inthe Provinces of British Columbia and Ontario whose common shares arelisted on the CSE (Symbol: PMC) and trade in the U.S. on the OTC QB (Symbol: PMCCF). There are 150,228,177 commonshares issued and outstanding in the capital of the Company.

Peloton’s exploration portfolio includes the NorthElko Lithium Project in northeastern Nevada which is prospective forlithium, uranium, critical and rare earth minerals, as well the GoldenTrail and Independence Valley Carlin style gold projects innortheastern Nevada, and a non-controlling interest in a copperporphyry project near Butte, Montana.

CSE has notreviewed and does not accept responsibility for the adequacy oraccuracy of this release.

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