Palamina Corp. wishes to announce that research coverage has been initiated by Couloir Capital Ltd. The report is titled, "Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth Drivers." The report can be accessed through Couloir Capital's portal : https://www.couloircapital.com/research-portal#/portal/couloir-capital About Couloir Capital Ltd. Couloir Capital Ltd. is an investment firm comprised of a [...]
Palamina Corp. advises that it has filed an Early Warning Report in connection with the issuance by Winshear Gold Corp. to Palamina of an aggregate amount of 525,000 additional common shares in the capital of Winshear as consideration for the settlement of amounts owing of $42,000 by Winshear . Palamina has now received a total of 10,525,000 million Common Shares of Winshear in respect of the Debt Settlement and Winshear [...]
Palamina Corp. and Winshear Gold Corp. have agreed to convert US$33,700 in debt due Palamina into 525,000 common shares of Winshear. The shares will be issued at a price of C$0.08 per share to settle an advance royalty payment of US$25,000 due September 19, 2021, and exploration and development costs incurred by Palamina as operator of Winshear Gold's Gaban and Tinka projects. Upon completion, Palamina will hold [...]
Couloir Capital Ltd. is pleased to announce initiation of research coverage on Palamina Corp. The report is titled, "Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth." Report excerpt 1: "Looking forward to near-term catalysts, the largest growth driver for PA at present is the imminent maiden diamond drilling program, which we believe the company will commence in the coming weeks. PA received final [...]
Palamina Corp. is applying to have its common shares posted for trading on the OTCQB Venture Market , a United States trading platform that is operated by the OTC Markets Group in New York. The posting of the Company's shares on the OTCQB remains subject to having a Form 211 cleared by FINRA, satisfying OTCQB eligibility standards and the approval of the OTCQB Markets Group. The Company will provide a follow up news [...]
Palamina Corp. announces it has engaged T2W Market Liquidity Inc. effective July 19, 2021, to provide market liquidity services for its common shares listed on the TSX Venture Exchange. The term of the engagement is for a minimum of six months and is renewable thereafter on a month-to-month basis. T2W is a Dundas Ontario based private company which is in the business of providing market liquidity services to listed [...]
Palamina Corp. hereby announce results from voting at its annual general meeting of shareholders held virtually from Toronto, Ontario on June 30, 2021. Shareholders voted in favour of all items put forward by the Board of Directors and Management. Shareholders voted in favour of the election of all director nominees: Hugh Agro, Christina McCarthy, Sean Spraggett, Andrew Thomson and Alistair Waddell ; appointed McGovern [...]
Palamina Corp. has signed a contract with Energold drilling Peru S.A.C. to carry out a diamond drill program at its flagship Usicayos Gold Project. Drilling is expected to commence in late July. No drill holes have ever been completed at Usicayos. Figure 1 To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/4727/89967_b49e061784d538fb_002full.jpg The drill program at Usicayos will [...]
Palamina Corp. reports that, in keeping with the wishes and consent of local community leadership, the Coasa project will now be identified as the Usicayos project, the name of the community which hosts the project. In January 2017, Palamina staked the Usicayos project area in order to investigate its gold potential as part of its focus in the Puno Orogenic Belt . The company chose the name Coasa based on the presence of [...]
Palamina Corp. is pleased to announce that it has closed its non-brokered private placement offering announced on May 27, 2021 and June 14. The Company raised a total of $5,000,000 for the issuance of 20,000,000 units at the price of $0.25 per Unit. Each Unit consists of one common share and one warrant . Each whole Warrant is exercisable to acquire one Common Share at a price of $0.40 for a period of two years after the [...]
Palamina Corp. is pleased to announce that due to investor demand it will increase the size of its previously announced non-brokered private placement offering from up to $3,000,000 to up to $5,000,000 . The Offering will now be up to 20,000,000 units at a purchase price of $0.25 per Unit, with each Unit consisting of one common share and one warrant . Each Warrant is exercisable to acquire one Common Share at a price of [...]
Palamina Corp. is pleased to announce that it will conduct a non-brokered private placement offering of up to 12,000,000 units at a purchase price of $0.25 per Unit, for aggregate gross proceeds of up to $3,000,000. Each Unit consists of one common share and one warrant . Each whole Warrant is exercisable to acquire one Common Share at a price of $0.40 for a period of 24 months from the closing date. Net proceeds of the [...]