NewPeak Metals Quarterly Activities Report Summary

NewPeak Metals Limited (NPM:ASX) has released its June 2024 Quarterly Activities Report, outlining the Company's achievements and strategic advancements. The report highlights significant milestones achieved as part of the Company's Rejuvenation Strategy, including project acquisitions, divestments, balance sheet cleanup, and board and management changes. Notably, NewPeak has concluded the acquisition of the George River Uranium, Rare Earth Elements (REE) and Scandium project in Canada, and the Treuer Range Uranium-Vanadium Project in Australia. The Company is well on track to conclude its plans by the end of 2024.

Executive Commentary

NewPeak's recent acquisitions of the George River Uranium & REE Project in Canada and the Treuer Range Uranium-Vanadium Project in Australia mark significant progress in our Rejuvenation Strategy. These acquisitions align with our focus on strategic mineral projects and reinforce our commitment to expanding our global portfolio. We are excited about the potential of these projects and look forward to leveraging our expertise to drive exploration and development activities, ultimately creating value for our shareholders.

Summary of Quarterly Activities and Outlook

NewPeak Metals' Quarterly Activities Report showcases the Company's proactive approach in executing its Rejuvenation Strategy. The acquisitions of the George River Uranium & REE Project in Canada and the Treuer Range Uranium-Vanadium Project in Australia demonstrate NewPeak's commitment to strategic growth. The Company's plans for the remainder of 2024 include further project advancements, exploration activities, and potential divestments. With a focus on maintaining a strong financial position and actively evaluating new opportunities, NewPeak is poised to capitalize on its global mineral projects and drive sustainable value for its stakeholders.