Montana GoldMining Co. Inc. said July 15 that it has changed its name toPeloton Minerals Corp.

Effective July 18, the company will start trading under the newname and ticker symbol PMC on the Canadian Securities Exchange.

"The purpose of the name change is to adopt a name thatis not tied to a specific geographic area, and one that better lends itself tobranding as the company enters this improving junior exploration market and anext phase of growth," it noted.