Palamina Corp. has completed a preliminary review of five prospective gold project areas in the department of Puno, Peru, staked by the Company in January of 2017. Palamina's primary focus has been to acquire land positions in the Puno Orogenic Gold Belt , as identified by small-scale and informal hard-rock mining operations. The targeted projects have never been subject to systematic exploration or drill testing. In [...]
TORONTO, ON / ACCESSWIRE / January 20, 2017 / Palamina Corp. (TSX-V: PA) has incorporated a 100% owned Peruvian subsidiary, Palamina S.A.C. On January 19, 2017, Palamina S.A.C. acquired the application mining rights to 23,000 hectares within the Department of Puno in southeast Peru north of Lake Titicaca. The application rights were acquired to establish a presence in a highly prospective auriferous belt which measures [...]
TORONTO, ONTARIO--(Marketwired - Jan 13, 2017) - Palamina Corp. (TSX VENTURE:PA) has granted 910,000 incentive stock options to certain officers, directors and consultants of the Company under its Stock Option Plan. All options are exercisable at $0.22 per common share. The options granted to officers and directors expire in 5 years and the options granted to consultants expire in 2 years. About Palamina Corp. Palamina is [...]
TORONTO, ONTARIO--(Marketwired - Nov 16, 2016) - Palamina Corp. (TSX VENTURE:PA) has appointed Hugh Agro to the board of Palamina Corp. and accepted Glenton Masterman's resignation. Palamina would like to thank Glen for his support and efforts in advising Palamina. Glen recently relocated to Australia and we want to wish him every success in his new endeavours. Palamina has granted Hugh Agro 150,000 options of [...]
TORONTO, ONTARIO--(Marketwired - Aug 8, 2016) - Palamina Corp. (TSX VENTURE:PA) has closed a non-brokered private placement offering (the "Offering") comprised of 8,000,000 common shares at a purchase price of $0.15 per share for aggregate gross proceeds of $1,200,000. The directors of Palamina authorized a $200,000 increase beyond the original $1,000,000 contemplated Offering, as the issue was oversubscribed. No broker [...]
TORONTO, ONTARIO--(Marketwired - Mar 7, 2016) - Palamina Corp. (TSX VENTURE:PA) has completed the processing of ground magnetic data and a surface rock sampling program on its 100%-owned Santuario Project in Hidalgo State, Mexico. Santuario consists of two mining concessions covering approximately 3,200 hectares that were acquired through transfer from Soltoro as part of the June 9th 2015 acquisition of Soltoro by [...]
Palamina has appointed Jose Vizquerra-Benavides and Darin Wagner to its board of directors and Douglas Reeson and Phillip Walford will continue to serve Palamina on the advisory board. Brian Jennings has stepped down from the board and will remain as a consultant to the Company in his capacity as CFO. Palamina has granted the new directors 300,000 options of the Company under its Stock Option Plan. All options are [...]
TORONTO, ONTARIO--(Marketwired - Nov 10, 2015) - Palamina Corp. ("Palamina") has received conditional approval for the listing of its common shares on the TSX Venture Exchange (the "Exchange") and has filed a listing application with the Exchange and under its profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. The listing of Palamina's shares remains subject to Exchange [...]
TORONTO, ONTARIO--(Marketwired - Oct. 20, 2015) - Palamina Corp. ("Palamina" or the "Company") has approved its option plan and effected a consolidation of its common shares (the "Common Shares") on the basis of one (1) post-consolidation common share for every 6.666 pre-consolidation common shares outstanding. The option approval and consolidation were approved by the shareholders of the Company at the Company's special [...]
Palamina announced that it has granted 5,499,450 incentive stock options to certain officers and directors of the Company under its Stock Option Plan. All options are exercisable at $0.02 per common share and expire on September 15, 2020. Contact Palamina Corp. Andrew Thomson President & Director
Palamina is pleased to announce that, following today's completion of the plan of arrangement of Soltoro pursuant to which Agnico Eagle Mineshas acquired 100% of the issued and outstanding common shares of Soltoro, former Soltoro shareholders will receive common shares of Palamina that were spun-off under the Arrangement on a one-for-one basis. The Arrangement was previously approved by Soltoro securityholders at the [...]
Soltoro is pleased to announce that it has obtained a final order from the Ontario Superior Court of Justice approving its previously announced plan of arrangement with Agnico Eagle Mines pursuant to which Agnico Eagle will acquire all of the issued and outstanding common shares of Soltoro, including common shares issuable on the exercise of outstanding options and warrants of Soltoro. Receipt of the final order follows [...]
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