Peak Comments on Recent Trading Activity at the Request of IIROC

Montreal, Quebec--(Newsfile Corp. - November 5, 2020) - Peak Positioning Technologies Inc. (CSE: PKK) (OTCQX: PKKFF) ("Peak" or the "Company"), an innovative Fintech service provider to the Chinese commercial lending sector, is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the Company's most recent advancement in its share price and higher‐than‐typical trading volumes. Peak confirms that it is not aware of any material undisclosed information related to the Company or its operations.

About Peak Positioning Technologies Inc.:

Peak Positioning Technologies Inc. is the parent company of a group of innovative financial technology (Fintech) subsidiaries operating in China's commercial lending industry. Peak's subsidiaries use technology, analytics and artificial intelligence to create an ecosystem of lenders, borrowers and other participants in China's commercial lending space where lending operations are conducted rapidly, safely, efficiently and with the utmost transparency. For more information: http://www.peakpositioning.com^[1].

For more information, please contact:

CHF Capital MarketsCathy Hume, CEO416-868-1079 ext.: 251cathy@chfir.com^[2]

Peak Positioning Technologies Inc.Johnson Joseph, President and CEO514-340-7775 ext.: 501investors@peakpositioning.comTwitter: @peakfintechFacebook: @peakfintechLinkedIn: Peak PositioningYouTube: Peak Positioning^{[3][4][5][6][7]}

Forward-Looking Statements / Information:

This news release may include certain forward-looking information, including statements relating to business and operating strategies, plans and prospects for revenue growth, using words including "anticipate", "believe", "could", "expect", "intend", "may", "plan", "potential", "project", "seek", "should", "will", "would" and similar expressions, which are intended to identify a number of these forward-looking statements. Forward-looking information reflects current views with respect to current events and is not a guarantee of future performance and is subject to risks, uncertainties and assumptions. The Company undertakes no obligation to publicly update or review any forward-looking information contained in this news release, except as may be required by applicable laws, rules and regulations. Readers are urged to consider these factors carefully in evaluating any forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/67571^[8]

References

1. ^{^} http://www.peakpositioning.com (www.newsfilecorp.com)
2. ^{^} cathy@chfir.com (www.newsfilecorp.com)
3. ^{^} investors@peakpositioning.com (www.newsfilecorp.com)
4. ^{^} @peakfintech (www.newsfilecorp.com)
5. ^{^} @peakfintech (www.newsfilecorp.com)
6. ^{^} Peak Positioning (www.newsfilecorp.com)
7. ^{^} Peak Positioning (www.newsfilecorp.com)
8. ^{^} https://www.newsfilecorp.com/release/67571 (www.newsfilecorp.com)