Business
Peak Minerals Announces Name Change to Sranan Gold And New Trading Symbol
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Peak Minerals Ltd. (CSE: PEK) ("Peak" or the "Company") announces that it will change its name t
About this update from Sranan Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - 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 verifi...