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Sun Peak Metals – Business Combination Announcement: Shifting Focus To Metals Exploration In Saudi Arabia 

Cory
September 22, 2025

 

Sun Peak Metals (TSX.V:PEAK – OTCQB:SUNPF) is making a major strategic move. President & CEO Greg Davis joins us to discuss the recently announced LOI with Saudi Discovery Company and the company’s shift of focus to Saudi Arabia.

 

Key points:

 

  • Strategic pivot: Ethiopia’s Shire project on hold under force majeure → shifting across the Red Sea.

  • LOI details: Sun Peak shareholders ~60%, Saudi Discovery ~40% post-financing.

  • Saudi portfolio: 6 granted licenses (~340 km²) + ~700 km² pending, all on VMS trends.

  • Work plan: Mapping, geophysics, and drilling to start quickly with strong infrastructure in place.

  • Supportive regime: Favorable permitting, tax/royalty terms, and government-backed financing incentives.

  • Competitive edge: Early mover advantage in Saudi exploration, backed by a proven technical team with 20+ years in the Arabian Nubian Shield.

Click here to visit the Sun Peak Metals website to learn more about the Company and read over the recent news.

 


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Discussion
1 Comment
    8 hours ago

    HydroGraph keeps going up, I keep thinking I should BUY MORE! PRESS THE BET! ADD ONS! LOL! DT

    Reply

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