Sun Peak Metals Announces Completion of Acquisition of Saudi Discovery Company SPV Limited

Core Viewpoint - Sun Peak Metals Corp. has successfully completed the acquisition of Saudi Discovery Company SPV Limited, enhancing its position in the Arabian Nubian Shield exploration market [1] Group 1: Transaction Details - The transaction involved the acquisition of all issued and outstanding shares of Saudi Discovery Company [1] - The completion of the transaction was accompanied by a related financing of $6.7 million [1] Group 2: Company Outlook - The CEO of Sun Peak expressed excitement about the transaction, indicating it will position the company as a leading exploration entity in the Arabian Nubian Shield [1]