Peak Discovery Capital Secures $200,000 Bridge Financing to Advance Reverse Takeover Deal

Details of Financing and Share Issuance

On July 21, 2026, Peak Discovery closed a non-brokered private placement issuing 1,666,666 common shares at $0.12 each, generating $200,000 in gross proceeds. This non-brokered format enables the company to raise funds without engaging traditional securities brokers, offering greater flexibility in the capital raising process. This approach is typical for smaller-scale financing efforts where issuers deal directly with investors.

All shares issued are subject to a four-month and one-day hold period from the issuance date, restricting resale to stabilize the capital structure during the company’s transition phase.

Finder's Fees and Related Expenses

Finder's fees totaling $6,413 were paid to arm's length finders in compliance with TSX Venture Exchange regulations. These fees compensate parties who facilitated investor introductions for the private placement. Disclosure of these fees aligns with regulatory transparency requirements for capital raises on the TSX Venture Exchange.

After deducting finder’s fees, net proceeds will be allocated to cover the company’s planned transaction costs and operational needs.

Use of Net Proceeds for Reverse Takeover Costs

The net proceeds primarily fund expenses linked to the proposed reverse takeover with All Acacia Resources Inc. and Enhance Group Pty Ltd. This RTO structure enables Peak Discovery to merge with or acquire a private operating company by issuing shares, thereby creating a combined publicly listed entity. This method is commonly used by private companies to access public capital markets.

Peak Discovery has previously communicated details of the RTO in corporate updates. The bridge financing ensures availability of capital for professional fees, regulatory filings, legal expenses, and other costs involved in the merger and acquisition process, signaling progress toward transaction completion.

Contingency Plans for Unused Funds

If the RTO does not proceed, any remaining funds will be redirected to general working capital and exploration of new business opportunities. This contingency ensures shareholders are informed about alternative capital uses, typically covering operational expenses such as salaries, professional fees, and administrative costs to maintain business continuity.

This flexibility also allows Peak Discovery to pursue other merger, acquisition, or business development opportunities if market conditions or negotiations change, consistent with its core business focus.

Overview of Peak Discovery’s Business Model

Peak Discovery Capital Ltd. operates as a capital exploration and evaluation company, focusing on identifying and assessing assets or businesses for future mergers and acquisitions. The company serves as an acquisition vehicle or merger partner for operating companies seeking public market access, functioning as an incubation platform to facilitate combining private businesses with public entities.

Headquartered in Vancouver, British Columbia, Peak Discovery manages its corporate and strategic activities from this base, positioning itself to capitalize on acquisition opportunities that may create shareholder value through operational synergies.

TSX Venture Exchange Regulatory Compliance

Peak Discovery is listed on the TSX Venture Exchange, which governs private placements, finder’s fees, hold periods, and disclosure requirements. The exchange’s standard disclaimer notes it has neither approved nor disapproved the release content or the merits of the proposed RTO. This reflects regulatory neutrality on company-specific transactions.

Compliance with TSXV policies on arm’s length finder relationships and fee structures confirms that the financing adheres to regulatory standards, providing investor protections through disclosure and trading restrictions such as hold period legends.

Bridge Financing as a Strategic Funding Mechanism

Bridge financing refers to short-term capital raised to cover near-term objectives while longer-term financing or transaction completion is underway. Peak Discovery’s bridge financing aims to fund expenses related to the RTO transaction, a common practice to cover costs between announcement and closing of major deals.

The $200,000 raised is sufficient to cover professional and administrative fees, including legal, accounting, valuation, and regulatory consulting expenses incurred throughout the RTO process.

Investor Profile and Share Pricing in Private Placement

The $0.12 per share price reflects negotiated market value between Peak Discovery and private placement investors, which may include accredited, institutional, or existing shareholders. The issuance of 1,666,666 shares at this price indicates investor confidence in the company’s strategic direction and transaction timeline.

Investors typically perform due diligence before committing capital, and the successful completion of this placement suggests strong support for the RTO initiative.

Market Impact and Investor Guidance

This financing removes a potential hurdle to advancing Peak Discovery’s reverse takeover with All Acacia Resources Inc. and Enhance Group Pty Ltd. Investors should monitor updates on regulatory approvals, due diligence, and closing schedules. Having capital available to fund RTO expenses may expedite the transaction timeline.

The four-month and one-day hold period on the newly issued shares restricts immediate resale, supporting share stability during the transition. The immediate impact on share price was not disclosed in the announcement.