Sun Peak Closes First Tranche and Increases Non-Brokered Private Placement

At a glance

Vancouver, British Columbia – October 6, 2026 – Sun Peak Metals Corp. (TSXV: PEAK | OTCQB: SUNPF) (“Sun Peak” or the “Company”) is pleased to announce that on October 5, 2026, the Company closed a first tranche (the “First Tranche”) of its non-brokered private placement, as previously announced on September 17, 2026, and September 23, 2026 (the “Offering”) for gross proceeds of $9,709,358. In the closing of the First Tranche, a total of 24,273,396 units of the Company (the “Units”) were issued, at a price of $0.40 per Unit.

From the available Company release headline and excerpt. Company claims have not been independently verified.