Peloton Minerals Corporation (OTCPK:PMCC.F) announced a non-brokered private placement of 1,868,182 units at CAD 0.055 per unit for gross proceeds of CAD 102,750 on January 11, 2018. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to acquire one additional common share at CAD 0.1 per share for a period of three years. The securities issued are subject to hold period of four months and one day from the date of issue.