Palamina Corp.

Palamina Corp. announces that due to the restrictions and guidelines on public gatherings issued this past Friday by the Ontario government, the Corporation will be hosting its annual and special meeting of shareholders this coming Wednesday November 25, 2020 at 4:00 p.m. virtually. Any shareholder who wishes to attend the Meeting may only attend virtually by teleconference using the toll-free dial-in number [...]

Palamina Corp. has completed additional sampling in the Veta NE and Veta Zones at the Coasa Gold Project. Channel sampling in the newly discovered Veta NE Zone returned values up to 90.3 g/t Au over 1.30 m. The Veta NE Zone is located 500 m NE of the Veta Zone and only two rounds of channel sampling have been carried out to date. Continued sampling in the Veta Zone returned values up to 17.6 g/t Au over 1.0 m, increased [...]

Palamina Corp. announces results from the recent channel sampling program and provides an update on preparations for drilling at its Coasa Gold Project in SE Peru. Palamina has identified an eighth gold bearing structure at the Veta Zone. Seven zones were highlighted in Palamina's Press Release dated July 7, 2020. The most recent channel sampling focussed on increasing sample density at the # 7 Zone and extending [...]

Palamina Corp. has been issued an additional 400,000 common shares of Winshear Gold Corp. for a total 10,000,000 common shares completing the sale of the Gaban Gold and Tinka I.O.C.G. projects. Winshear Gold also provided Palamina a US$25,000 annual advance royalty payment as required under the property purchase agreement. Annual advance royalty payments will cease once Winshear Gold has completed 5,000 metres of drilling [...]

Andrew Thomson has today filed an early warning report advising of his acquisition of an aggregate of 72,500 common shares of Palamina Corp. in the market on September 4, 2020. The Shares were purchased at an average price of $0.28 per Share for total aggregate consideration of $20,300. The Acquiror was also granted 75,000 stock options at an exercise price of $0.30 which were issued on September 9, 2020 and expire 5 [...]

Palamina Corp. has appointed two new members to the company's board of directors, effective immediately. Joining the board are Christina McCarthy and Sean Spraggett. Christina will serve on the Audit Committee and Sean Spraggett on the Compensation Committee. "On behalf of Palamina's Board of Directors, I am pleased to welcome Christina McCarthy and Sean Spraggett. We are confident that their perspectives will be of great [...]

Palamina Corp. has resumed exploration at its 100% owned Coasa Gold Project in south eastern Peru. Drill pad construction is underway, in addition to completion of the field camp in the Veta Zone. Mapping and sampling is also being carried out. Palamina is awaiting approval of the Company's Initiation of Activities application in order to commence a drill program in the Veta Zone at Coasa. To view an enhanced version of [...]

Palamina Corp. reports further significant channel sampling results from its Coasa Gold Project in south eastern Peru. In mid-December 2019, Palamina completed a comprehensive channel sampling program in the newly discovered Cayos Zone designed to better define mineralized structures and expand known mineralization. The Cayos Zone is located southwest of the Veta Zone, the Company's first proposed drilling target in the [...]

Palamina Corp. is pleased to announce that it has closed its non-brokered private placement offering announced on May 5, 2020. Due to a strong demand for participation in the Offering, the Company raised a total of $1,100,000 for the issuance of 8,800,000 units at the price of $0.125 per Unit. Each Unit consists of one common share and one half of one warrant . Each whole Warrant is exercisable to acquire one Common Share [...]

Palamina Corp. will conduct a non-brokered private placement offering of up to 6,000,000 units at a purchase price of $0.125 per Unit, for aggregate gross proceeds of up to $750,000. Each Unit consists of one common share and one-half warrant . Each whole Warrant is exercisable to acquire one Common Share at a price of $0.35 for a period of 24 months from the closing date. Net proceeds of the Offering will be used to [...]