Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising that between March 13 and March 27, 2024 he purchased an aggregate of 77,000 common shares of Palamina Corp. (the "Company") at a price between $0.10 and $0.135 per share.

Toronto, Ontario--(Newsfile Corp. - April 1, 2024) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has appointed Alvaro Fernandez-Baca as V.P. Exploration and Hall Stewart and Jerry Blackwell as advisors to complement our discovery team in Peru. We would like to thank Jerry Blackwell for previously acting as lead geologist and for his continued support in his new role as advisor.

Toronto, Ontario--(Newsfile Corp. - February 29, 2024) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) completed its latest field program at its 100% owned Usicayos Gold Project (the "Project") in the Sol de Oro Zone ("SDO") in December 2023. Usicayos is located in southeastern Peru and hosts a 4.5 km long mineralized orogenic gold trend to include the southwestern SDO Zone, the central Cayos Zone, and the northeastern Veta Zone. Drilling is scheduled to commence in Q2 of 2024.

Toronto, Ontario--(Newsfile Corp. - February 26, 2024) - Visit Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) at Booth #2723 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 3 to Wednesday, March 6, 2024.

Toronto, Ontario--(Newsfile Corp. - January 26, 2024) - CEO.CA Technologies Ltd. ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares comprehensive video coverage from the recent VRIC conference in Vancouver, Canada.

Toronto, Ontario--(Newsfile Corp. - December 15, 2023) - Palamina Corp.'s (TSXV: PA) (OTCQB: PLMNF) has granted 1,585,000 incentive stock options to certain officers, directors, advisors and consultants of the Company under its Stock Option Plan. All options are exercisable at $0.15 per common share. The options granted to officers and directors and advisors expire on December 15, 2028 and the options granted to the consultants expire on December 15, 2025.

Toronto, Ontario--(Newsfile Corp. - December 14, 2023) - Palamina Corp.'s (TSXV: PA) (OTCQB: PLMNF) equity/royalty partner Winshear Gold Corp. (TSXV: WINS) provided a return of capital of CDN$0.25 per share on December 8, 2023 to Winshear shareholders, resulting in a non-dilutive payment of $3,625,000 to Palamina. Palamina continues to own 14,500,000 common shares of Winshear representing 15.4% of their outstanding shares.

Toronto, Ontario--(Newsfile Corp. - October 26, 2023) - Palamina Corp.'s (TSXV: PA) (OTCQB: PLMNF) equity/royalty partner Winshear Gold Inc. (TSXV: WINS) ("Winshear") has declared a return of capital of CDN$0.25 per share to Winshear shareholders payable December 8, 2023. Palamina holds 13,422,000 common shares and 1,321,000 warrants in Winshear and a 2% NSR on all its projects in Peru. Winshear recently received a net settlement payment from the Tanzanian Government in excess of CDN $25,250,000 over the expropriation of Winshear's SMP gold deposit.

VANCOUVER, BC, Oct. 16, 2023 /CNW/ - Trading resumes in:

Toronto, Ontario--(Newsfile Corp. - October 16, 2023) -  Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) equity/royalty partner Winshear Gold Inc. (TSXV: WINS) ("Winshear") has received a settlement payment of US$30,000,000 from the Tanzanian Government as compensation for the expropriation of Winshear's SMP gold deposit in Tanzania. Palamina holds 13,422,000 common shares and 1,321,000 warrants in Winshear Gold Corp. (representing an 18.5% partially diluted share position) and a 2% NSR on all its projects in Peru. On September 19, 2023 Winshear announced they had reached a conditional settlement agreement with Tanzania where the full and final settlement payment of US $30,000,000 to settle the arbitration was received on October 16, 2023. After paying funders and legal fees the net amount payable to Winshear is estimated to be in excess of CDN $25,250,000.

VANCOUVER, BC, Oct. 16, 2023 /CNW/ - The following issues have been halted by CIRO

Toronto, Ontario--(Newsfile Corp. - September 19, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) currently holds 13,422,000 common shares and 1,321,000 warrants in Winshear Gold Corp. (TSXV:WINS) representing an 18.5% partially diluted share position. In February of 2023 Winshear completed arbitration proceedings against the Tanzanian Government to recover damages for the expropriation of its SMP Gold Deposit in Tanzania. The arbitration proceedings were held at the International Centre for Settlement of Investment Disputes ("ICSID"), World Bank Group in Washington D.C. On September 18, 2023 ICSID reported on its web page: The proceeding is suspended pursuant to the parties" agreement.

Toronto, Ontario--(Newsfile Corp. - August 31, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received a US$50,000 Advance Royalty ("AR") payment from Winshear Gold Corp. (TSXV: WINS) ("Winshear"). The AR payment was due pursuant to a property purchase agreement signed and approved on September 19, 2019 which outlines annual AR anniversary payments and a 2% NSR royalty per project subject to terms of the purchase agreement. In September of 2024 a US$100,000 payment is due from Winshear to Palamina to maintain Winshear's Gaban and Ica claims.

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Eric Sprott announces that on June 18, 2023, 8,000,000 common share purchase warrants (Warrants) of Palamina Corp., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in beneficial ownership of approximately 9.5% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 8,000,000 Shares and 8,000,000 Warrants representing approximately 12.3% of the outstanding Shares on a non-diluted basis and 21.8% on a partially-diluted basis assuming the exercise of such Warrants. As a result of the Warrant expiry, Mr. Sprott now owns 8,000,000 Shares representing approximately 12.3% of the outstanding Shares on a non-diluted basis.

Toronto, Ontario--(Newsfile Corp. - June 15, 2023) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") has closed its non-brokered private placement offering (the "Offering") announced on May 15, 2023. The Company raised a total of $750,000 for the issuance of 6,000,000 units (the "Units") at a price of $0.125 per Unit. Each Unit consists of one common share ("Common Share") and one warrant (each a "Warrant"). Each whole Warrant is exercisable to acquire one Common Share at a price of $0.25 for a period of two years after the date of issuance.

Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") will conduct a non-brokered private placement offering (the "Offering") of up to 6,000,000 units ("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 ("Common Share") and one warrant (a "Warrant"). Each whole Warrant is exercisable to acquire one Common Share at a price of $0.25 for a period of 24 months from the closing date.

Toronto, Ontario--(Newsfile Corp. - April 5, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received approval of the modification of its Environmental Impact Study or Declaración de Impacto Ambiental permit ("DIA") to include the newly acquired Sol de Oro ("SDO") and Cayos Zones. The DIA allows for up to 40 drill pads. Five drill pads were constructed in the Veta Zone during the initial drill program and 35 permitted drill pads sites remain available under the DIA. The diamond drill rig remains at site where construction of pads and roads to newly selected drill target areas in the SDO and Cayos zones is set to commence at the end of the rainy season in late April.

Toronto, Ontario--(Newsfile Corp. - February 21, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) holds 13,422,000 shares and 1,321,000 warrants representing a 19.99% partially diluted share position in Winshear Gold Corp. (TSXV: WINS). The following news release was disseminated by Winshear today:

Toronto, Ontario--(Newsfile Corp. - February 13, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) holds 13,422,000 shares and 1,321,000 warrants representing a 19.99% partially diluted share position in Winshear Gold Corp. (TSXV: WINS). The following news release was disseminated by Winshear today:

VANCOUVER, BC / ACCESSWIRE / January 31, 2023 / The Power Play by The Market Herald has announced the release of new interviews with Noram Lithium, Western Metallica, Palamina Corp, Trillion Energy, ARway and Eloro Resources discussing their latest news.

Toronto, Ontario--(Newsfile Corp. - January 30, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) completed its second field program in the Sol de Oro Zone ("SDO") at the Usicayos Gold Project in December 2022. Palamina acquired the SDO Zone in June of last year. At Usicayos a 4.5 km mineralized gold trend has been defined made up of the southwestern SDO Zone, central Cayos Zone and northeastern Veta Zone. Six drill holes were completed in the Veta Zone in 2021 and 2022. The Cayos and SDO zones have never been drilled. Palamina has scheduled these zones for drill testing later this year.

Toronto, Ontario--(Newsfile Corp. - November 30, 2022) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising that on November 29, 2022 he was granted 125,000 stock options ("Options") at an exercise price of $0.11 per share of Palamina Corp. (the "Company").

Toronto, Ontario--(Newsfile Corp. - November 30, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) welcomes the appointments of Peter Bojtos P.Eng. as a new director and Michael Farrant as Chief Financial Officer ("CFO") effective November 30, 2022. Peter Bojtos is replacing departing director Hugh Agro and Michael Farrant replacing departing CFO Brian Jennings. Palamina would like to thank Hugh and Brian for the tremendous input and support they have provided Palamina over many years.

VANCOUVER, BC, Sept. 20, 2022 /CNW/ - Trading resumes in:

VANCOUVER, BC, Sept. 20, 2022 /CNW/ - The following issues have been halted by IIROC:

Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) Field work completed in the newly acquired Sol de Oro Zone at the Usicayos Gold Project has returned values up to 0.9m of 200 g/t gold with multiple visible gold occurrences prospected. The most recent mapping and rock sampling focused on the Sol de Oro ("SDO") area. In 2021/2022 six inaugural drill holes were completed in the Veta Zone to test the north eastern portion of the 4.5 km long gold trend defined to date. SDO gold mineralization occurs over 2.2km on the south western end of the trend. Four mineralized gold structures have been located within the SDO Zone.

Toronto, Ontario--(Newsfile Corp. - September 14, 2022) -  Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received additional assay results from two additional 2022 geochemical and hand trenching programs and has consolidated and increased its land package at its Galena Silver Copper Project in SE Peru. Galena sits at the juncture of the Santa Lucia mining district to the northeast and within what is referred to locally as the Las Bambas copper trend to the northwest. In April of 2022, Palamina staked an additional 4,800 hectares based on recommendations from a desktop study of the Santa Lucia district produced by Earthlabs Inc. (formerly GoldSpot Discoveries Corp.) and in July 2022 concluded the acquisition of 100% of two internal titled claims, Gaspar and Chaparro, covering known mineralization that was historically explored by limited tunneling. Palamina now holds 100% interest to 12,830 hectares at the Galena Silver Copper Project. No drilling has ever been carried out within the area of the Galena concessions.

Toronto, Ontario--(Newsfile Corp. - September 12, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received a US$50,000 Advance Royalty ("AR") payment from Winshear Gold Corp. (TSXV: WINS). The AR payment was due pursuant to a property purchase agreement signed and approved on September 19, 2019 which outlines annual AR anniversary payments and a 2% NSR royalty per project subject to terms of the purchase agreement.

Toronto, Ontario--(Newsfile Corp. - July 6, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received assay results for the two recently completed core holes at the Usicayos Gold Project in southeastern Peru. Holes VE-05-2022 and VE-06-2022 were completed from drill pad 5 situated approximately 120 metres northeast of hole VE-04-20021 to test the most easterly 200 metres of the Veta Zone.

Toronto, Ontario--(Newsfile Corp. - June 10, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) On June 9, 2022 Palamina paid US$ 44,000 to acquire 100 % of a 200 hectare titled internal concession at the Usicayos Gold Project. An additional US$ 11,000 is being held in trust to be paid on notification from the Registro Publicos that the titled claims have been transferred and fully registered to Palamina S.A.C. (Palamina's Peruvian subsidiary). Palamina now holds 100% title interest to 14,012 hectares at Usicayos with no underlying payments or royalties.

Toronto, Ontario--(Newsfile Corp. - May 16, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has restarted its drilling program at the Usicayos Gold Project in southeastern Peru post the end of the rainy season. In the first quarter of 2022, Palamina worked with independent geological consultants and GoldSpot Discoveries to complete 3D modelling of the drilling carried out in 2021 in the Veta Zone to optimize the position of the first drill hole VE-5-2022.

Toronto, Ontario--(Newsfile Corp. - February 9, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) resumed exploration at its 100% owned Lagos Silver Copper Project in late November of 2021 conducting a mapping / sampling program, short magnetometer survey and test Induced Polarization (IP) study before year end. Palamina is proceeding with more sampling and mapping, a pole-dipole IP survey and has commenced an FTA environmental study in order to permit up to 20 drill pads.

Toronto, Ontario--(Newsfile Corp. - January 17, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) completed 4 diamond drill holes for a total of 1,704.50 metres ('m') in December 2021. All assay results from core intervals of interest have now been returned. The first 4 drill holes were completed in the Veta Zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Drilling to date has tested 600 metres of strike length. Two additional holes designed to test the remaining 200 m of strike to the north-east have yet to be completed. The Veta Zone is on the northeastern end of a 2.6 km long northeast trending gold structure which includes the Cayos Zone.

Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has completed the very first 4 diamond drill holes in the Veta discovery zone at its flagship Usicayos gold project in Peru. A total of 1,704.50 metres were drilled in 2021 where drilling has been suspended due to commencement of the rainy season and seasonal holidays. The first 4 drill holes have tested the west-end of the mineralized footprint in the Veta zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Further drilling is planned for 2022.

Toronto, Ontario--(Newsfile Corp. - November 12, 2021) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) common shares are now trading on the OTCQB Venture Market under the symbol "PLMNF" in the United States and continue to trade on the TSX Venture Exchange as its primary listing under the symbol "PA" in Canada.

Toronto, Ontario--(Newsfile Corp. - September 30, 2021) - Palamina Corp. (TSXV: PA) has commenced its inaugural diamond drill program at its flagship Usicayos Gold Project in Peru. No drill holes have ever been completed at Usicayos.

Toronto, Ontario--(Newsfile Corp. - September 20, 2021) - Palamina Corp. (TSXV: PA) 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."

Toronto, Ontario--(Newsfile Corp. - September 16, 2021) -  Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") advises that it has filed an Early Warning Report in connection with the issuance by Winshear Gold Corp. (TSXV: WINS) ("Winshear") to Palamina of an aggregate amount of 525,000 additional common shares ("Common Shares") in the capital of Winshear as consideration for the settlement of amounts owing of $42,000 by Winshear (the "Debt Settlement"). Palamina has now received a total of 10,525,000 million Common Shares of Winshear in respect of the Debt Settlement and Winshear acquiring all of Palamina's interests in the Peruvian Gaban Project and Tinka Project (the "Transaction").

Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - Palamina Corp. (TSXV: PA) and Winshear Gold Corp. (TSXV: WINS) have agreed to convert US$33,700 (CDN$42,000) 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.

Vancouver, British Columbia--(Newsfile Corp. - September 8, 2021) - Couloir Capital Ltd. is pleased to announce initiation of research coverage on Palamina Corp. (TSXV: PA) (OTC Pink: PLMNF) ("PA"). The report is titled, "Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth."

Toronto, Ontario--(Newsfile Corp. - August 6, 2021) - Palamina Corp. (TSXV: PA) is applying to have its common shares posted for trading on the OTCQB Venture Market (the "OTCQB"), 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 release once its common shares commence trading on the OTCQB.

Toronto, Ontario--(Newsfile Corp. - July 20, 2021) - Palamina Corp. (TSXV: PA) announces it has engaged T2W Market Liquidity Inc. ("T2W") 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 issuers since 2009. Formerly, Harold Hoff, the principal of T2W, had more than 10 years experience as a pro trader and designated market maker for a major bank owned investment dealer.

Toronto, Ontario--(Newsfile Corp. - July 16, 2021) - Palamina Corp. (TSXV: PA) hereby announce results from voting at its annual general meeting of shareholders held virtually from Toronto, Ontario (the "Meeting") on June 30, 2021. Shareholders voted in favour of all items put forward by the Board of Directors ("the Board") and Management.

Toronto, Ontario--(Newsfile Corp. - July 12, 2021) - Palamina Corp. (TSX: PA) 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.

Toronto, Ontario--(Newsfile Corp. - July 9, 2021) - Palamina Corp. (TSXV: PA) 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.

Toronto, Ontario--(Newsfile Corp. - June 18, 2021) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it has closed its non-brokered private placement offering (the "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 (the "Units") at the price of $0.25 per Unit. Each Unit consists of one common share ("Common Share") and one warrant (each a "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 date of issuance.

Toronto, Ontario--(Newsfile Corp. - June 14, 2021) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") 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"). The Offering will now be up to 20,000,000 units ("Units") at a purchase price of $0.25 per Unit, with each Unit consisting of one common share ("Common Share") and one warrant (a "Warrant"). Each Warrant is exercisable to acquire one Common Share at a price of $0.40 for a period of 24 months from the closing date.

Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it will conduct a non-brokered private placement offering (the "Offering") of up to 12,000,000 units ("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 ("Common Share") and one warrant (a "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.

Toronto, Ontario--(Newsfile Corp. - May 10, 2021) - Palamina Corp. (TSXV: PA) has received its Authorization to Initiate Exploration Activities ("AIEA") permit to commence drilling on its Coasa Gold Project in Peru. In December of 2019, Palamina received its Declaración de Impacto Ambiental permit ("DIA") which allows for up to 40 drill pads in the Veta Zone at Coasa. Palamina has spent over US$ 2M on exploration at Coasa including a heli-borne geophysical survey, structural and geological mapping surveys and extensive surface sampling campaigns. Palamina has also constructed drill pads and an exploration field camp in the Veta zone.

Toronto, Ontario--(Newsfile Corp. - November 23, 2020) - Palamina Corp. (TSXV: PA) 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 1-866-440-8936 and the conference ID 8266555.

Toronto, Ontario--(Newsfile Corp. - October 27, 2020) -  Palamina Corp. (TSXV: PA) 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 the known width of zone #7 and returned positive infill results in both zone #7 and #8.

Toronto, Ontario--(Newsfile Corp. - October 7, 2020) - Palamina Corp. (TSXV: PA) 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 exploration to the northeast. At the # 7 zone, new assays returned values ranging up to 14.3 g/t Au over 1.6 m in known gold structures and at the Veta NE Zone, initial sampling has returned samples ranging to 1.6 g/t Au over 1.0 m. The new Veta NE discovery is located 500 m NE of the Veta Zone. Gold mineralization now extends along a 2 km NE trend from the Cayos Zone to the newly identified Veta NE Zone.

Toronto, Ontario--(Newsfile Corp. - September 28, 2020) - Palamina Corp. (TSXV: PA) 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 on the Gaban or Tinka projects.

Winshear Gold Corp. (TSX-V: WINS) is pleased to report that shareholders exercised a total of 5,075,000 warrants, which expired on September. 19, 2020 for gross proceeds of $507,500. Directors and officers participated for $127,500 of the...

Toronto, Ontario--(Newsfile Corp. - September 9, 2020) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising of his acquisition of an aggregate of 72,500 common shares (the "Shares") of Palamina Corp. (the "Company") 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 ("Options") at an exercise price of $0.30 which were issued on September 9, 2020 and expire 5 years from the date of grant.

Toronto, Ontario--(Newsfile Corp. - September 9, 2020) - Palamina Corp. (TSXV: PA) 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.

Toronto, Ontario--(Newsfile Corp. - August 13, 2020) - Palamina Corp. (TSXV: PA) 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.

VANCOUVER, BC, July 7, 2020 /CNW/ - Trading resumes in:

Toronto, Ontario--(Newsfile Corp. - July 7, 2020) - Palamina Corp. (TSXV: PA) 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 Coasa Gold Project. These samples were due to be submitted in mid-January but delayed until June of 2020 due to the Covid 19 shut down.

VANCOUVER, BC, July 7, 2020 /CNW/ - The following issues have been halted by IIROC:

Toronto, Ontario--(Newsfile Corp. - May 25, 2020) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it has closed its non-brokered private placement offering (the "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 (the "Units") at the price of $0.125 per Unit. Each Unit consists of one common share ("Common Share") and one half of one warrant (each a "Warrant"). Each whole Warrant is exercisable to acquire one Common Share at a price of $0.35 for a period of two years after the date of issuance, provided that if after four months and one day following the closing of the Offering, the closing price of the Common Shares on the TSX Venture Exchange ("TSX-V") is equal to or greater than $0.70 for 10 consecutive trading days, then the Company may accelerate the expiry date of the Warrants by disseminating a press release, and in such case the Warrants will expire on the 45th day after the date on which such press release is disseminated.

Toronto, Ontario--(Newsfile Corp. - May 5, 2020) -  Palamina Corp. (TSXV: PA) ("the "Company") will conduct a non-brokered private placement offering (the "Offering") of up to 6,000,000 units ("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 ("Common Share") and one-half warrant (a "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.

Toronto, Ontario--(Newsfile Corp. - April 24, 2020) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising of his acquisition of an aggregate of 15,500 common shares (the "Shares") of Palamina Corp. (the "Company") in the market. The Shares were purchased at a price of $0.19 per Share for total aggregate consideration of $2,945.00.

Toronto, Ontario--(Newsfile Corp. - April 17, 2020) - Palamina Corp. (TSXV: PA) reports that all operating activities have been halted in keeping with the government of Peru's travel and work restrictions related to the COVID-19 pandemic. The government shutdown commenced on April 1, 2020. All staff and contractors are safe and secure. Palamina maintains a minimal staff shared by the company and its operating partner, Winshear Gold Corp., to maintain all projects in good standing. Management will conduct a review towards the end of June to decide when to resume exploration activities.

Toronto, Ontario--(Newsfile Corp. - February 7, 2020) - Palamina Corp. (TSXV: PA) is a pure gold exploration company preparing for its inaugural drilling campaign on its high-grade Coasa Gold Project in south eastern Peru. Palamina is also a significant shareholder of Winshear Gold (TSXV: WINS), who are advancing the Gaban Gold project toward initial drill testing. Palamina is acting as the operator at Gaban for Winshear Gold. Both projects are located in the Puno Orogenic Gold Belt ("POGB") where a modern day gold rush is underway. Palamina & Winshear (via Palamina) have first mover advantage in the POGB where surface discoveries of high grade gold mineralization at both the Coasa and Gaban Gold Projects have led to the identification of sizeable gold systems where neither project has ever been drill tested.

Winshear Gold Corp. (“Winshear Gold” or the “Company”) (TSX-V: WINS) reports its first sampling results from the Gaban Gold Project located in the Puno Orogenic Gold Belt (“POGB”) in south-eastern Peru. Winshear is conducting exploration to...

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - Palamina Corp. (TSXV: PA) would like to cordially invite you to visit us at Booth #411 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 – Monday January 20, 2020.

Toronto, Ontario--(Newsfile Corp. - January 8, 2020) -  Palamina Corp. (TSXV: PA) has secured a Declaración de Impacto Ambiental ("DIA") from the Peruvian Ministry of Energy and Mines for its Coasa Gold Project in the Puno region of Peru. The DIA allows for the construction of up to 40 drill pads at Coasa. With the DIA in hand, the Company has applied for the Authorization to Initiate Exploration Activities ("AIEA") which is required to commence initial drill testing of the Coasa gold system.

Toronto, Ontario--(Newsfile Corp. - December 19, 2019) - Palamina Corp. (TSXV: PA) has appointed William McGuinty as its Vice President of Exploration and Christina McCarthy as an advisory board member. Christina McCarthy will assist in expanding Palamina's market presence in the global mining and financial community. William McGuinty will lead Palamina's effort to explore for and define gold deposits in Peru.

Toronto, Ontario--(Newsfile Corp. - October 8, 2019) - Palamina Corp. (TSXV: PA) reports that recent mapping and intermittent surface rock sampling on its flagship Coasa Gold Project has increased the strike length of the newly discovered gold system to approximately 1,600 metres. During the second and third campaigns of 2019 an additional 321 grab samples and 233 channel samples were collected and assayed. Palamina continues to identify additional high-grade surface gold mineralization at Coasa including two individual multi-ounce gold samples in the Cayos Zone.

Toronto, Ontario--(Newsfile Corp. - September 19, 2019) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") advises that it has filed an Early Warning Report in connection with the issuance by Helio Resource Corp. (TSXV: HRC) ("Helio") to Palamina of common shares ("Common Shares") in the capital of Helio as consideration for Helio acquiring all of Palamina's interests in the Gaban Gold Project and Tinka IOCG Project in Peru (the "Transaction"). Pursuant to the Transaction, Palamina will receive a total of 10 million Common Shares of Helio ("Helio Shares") and a 2% Net Smelter Return Royalty ("NSR") on each project. Helio retains the right to buy back 1% of the NSR for $1,000,000 per project. A total of 5,000,000 Helio Shares have been issued to Palamina, with the balance to be issued within two years of closing on completion of future equity financings by Helio or by way of Helio shareholder approval.

Helio Resource Corp. (“Helio” or the “Company”; TSX-V: HRC) is pleased to announce that it has received TSX Venture Exchange (“TSXV”) approval in respect of the following: Acquisition of the Gaban Gold project and the Tinka Iron Oxide Copper...

Toronto, Ontario--(Newsfile Corp. - September 19, 2019) - Palamina Corp. (TSXV: PA) (the "Company" or "Palamina") is pleased to announce the closing of its previously announced transaction (the "Transaction") with Helio Resource Corp. (TSXV: HRC) ("Helio"), whereby the Company has sold 100% of the application and mining rights to the Gaban Gold and Tinka I.O.C.G. Projects in Peru to Helio. In exchange Palamina will receive a total of 10 million common shares of Helio ("Helio Shares") and a 2% Net Smelter Return Royalty ("NSR") on each project. Helio retains the right to buy back 1% of the NSR for $1,000,000 per project. A total of 5,000,000 Helio Shares have been issued to the Company as of today, with the balance to be issued within two years of closing on completion of future equity financings by Helio or by way of Helio shareholder approval.

Toronto, Ontario--(Newsfile Corp. - August 26, 2019) - Palamina Corp. (TSXV: PA) has completed 3 sampling and mapping campaigns at its flagship Coasa Gold Project in 2019 while it awaits processing of drill permits for the Veta Gold Zone. A total of 44 grab and 31 channel samples were completed on the first campaign in the Veta and Cayos Gold Zones. In the first campaign 44% of all samples returned values above 0.4 g/t Au and are reported below.

Toronto, Ontario--(Newsfile Corp. - August 21, 2019) - Palamina Corp. (TSXV: PA) (the "Company" or "Palamina") announces that it has agreed to extend the expiry date of certain of its outstanding common share purchase warrants (the "Warrants") for an additional year. The new expiry date of these Warrants will be August 26, 2020. These Warrants were issued pursuant to a private placement of 7,166,667 units, which closed on February 26, 2018. For further information on the original issuance of the Warrants, please refer to the press releases of the Company dated February 26, 2018.

Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - Palamina Corp. (TSXV: PA) has completed first pass surface sampling on its Lagos Project in Peru and has identified a number of outcropping high-grade silver-copper-lead occurrences. Individual channel samples collected from outcropping veins on the property range from detection to highs of 1,135 g/t silver, 7.3% copper and 30% lead (see tables below).

Helio Resource Corp (“Helio” or the “Company”; TSX-V: HRC) is pleased to announce that, subject to TSX Venture Exchange (“TSXV”) approval, it has signed a Letter of Intent (LOI) on May 14, 2019, with Palamina Corp (TSX-V : PA) to acquire the Gaban...

VANCOUVER, May 15, 2019 /CNW/ - Trading resumes in:

Toronto, Ontario--(Newsfile Corp. - May 15, 2019) - Palamina Corp. (TSXV: PA) has signed a letter of intent ("LOI") to sell 100% of the application and mining rights to the Gaban Gold and Tinka I.O.C.G. Projects in Peru to Helio Resource Corp. ("Helio"; HRC:TSX.V). In exchange Palamina will receive a total of 10 million common shares of Helio and a 2% Net Smelter Return Royalty ("NSR") on each project. Helio retains the right to buy back 1% of the NSR for $1,000,000 per project. Helio will make an Advance Royalty Payment (ARP) of $25,000 to Palamina on the first and second anniversaries of closing the Transaction. The ARP will double every two years until such time that Helio has either completed a total of 5,000m of drilling or has abandoned the properties.

VANCOUVER, May 15, 2019 /CNW/ - The following issues have been halted by IIROC:

Toronto, Ontario--(Newsfile Corp. - March 29, 2019) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering (the "Offering") previously announced on March 1, 2019. In this final tranche, the Company raised a total of $152,200 for the issuance of 507,333 units (the "Units") at the price of $0.30 per Unit. Together with the first tranche announced on March 1, 2019, the Offering has resulted in aggregate gross proceeds of approximately $1,687,700.

Toronto, Ontario--(Newsfile Corp. - March 1, 2019) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising of his acquisition of units (the "Units") of Palamina Corp. (the "Company").

Toronto, Ontario--(Newsfile Corp. - March 1, 2019) -  Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement offering (the "Offering") announced on January 31, 2019 and February 8, 2019. In this first tranche, the Company raised a total of $1,535,500 for the issuance of 5,118,332 units (the "Units") at the price of $0.30 per Unit. Up to an additional $664,500 is expected to be raised in a second tranche closing for aggregate gross proceeds of the Offering of up to $2,200,000, which is expected to take place on or before March 31, 2019.

Toronto, Ontario--(Newsfile Corp. - February 8, 2019) - Palamina Corp. (TSXV: PA) announces that it has amended certain terms of its non-brokered private placement previously disclosed in a press release dated January 31, 2019. The offering, as amended, is hereinafter referred to as the Amended Offering.

Toronto, Ontario--(Newsfile Corp. - January 31, 2019) -  Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it will conduct a non-brokered private placement offering (the "Offering") of up to 6,250,000 units ("Units") at a purchase price of $0.32 per Unit, for aggregate gross proceeds of up to $2,000,000.

Toronto, Ontario--(Newsfile Corp. - January 14, 2019) - Palamina Corp. (TSXV: PA) has submitted a Declaración de Impacto Ambiental ("DIA") or Environmental Impact Declaration to the Peruvian Ministry of Energy and Mines for the Coasa Gold Project. The DIA is the primary environmental permit required prior to drilling.

Toronto, Ontario--(Newsfile Corp. - January 8, 2019) - Palamina Corp (TSXV: PA) has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 on the Coasa Gold Project in the Puno region of Peru.

Toronto, Ontario--(Newsfile Corp. - December 11, 2018) - Palamina Corp (TSXV: PA) has completed further channel sampling in the Veta Zone at the Coasa Gold Project in south eastern Peru. The most recent sampling results compliment previous surface sampling programs with channels collected partially as infill sampling along previously sampled outcrop as well as from previously unsampled outcrop occurrences. The Veta Zone continues to return high-grade gold mineralization highlighted by channel samples returning 123 g/t Au over 1.0m, 26.3 g/t Au over 1.7m, 18.3 g/t Au over 1.7m, 17.4 g/t Au over 1.4m and 13.5 g/t over 2.0m.

Toronto, Ontario--(Newsfile Corp. - December 3, 2018) - Andrew Thomson (the "Acquiror") has today filed an early warning report (the "Early Warning Report") advising of his acquisition of common shares (the "Common Shares") of Palamina Corp. (the "Company").

Toronto, Ontario--(Newsfile Corp. - October 29, 2018) - Palamina Corp (TSXV: PA) has completed heliborne geophysical surveys over its Coasa, Gaban and Cori gold projects in the Puno Orogenic Gold Belt ("POGB") of Peru. In the POGB, gold mineralization frequently has an association with disseminated magnetic pyrrhotite hosted by quartz veins within regional shear zone structures. Palamina believes results from the heliborne magnetic survey will aid in outlining regional structures with the potential to host gold mineralization. It will also help focus on-going ground exploration by identifying the most prospective sections of these structures. Raw geophysical data acquired from the surveys is being processed and the company anticipates receipt of the processed data shortly.

Toronto, Ontario--(Newsfile Corp. - October 4, 2018) - Palamina Corp (TSXV: PA) has conducted a reconnaissance sampling program in the recently defined Cayos gold zone south of the Veta gold zone at its Coasa Gold Project in south eastern Peru. On September 25, 2018, Palamina reported the discovery of 4 visible gold zones at Veta where chip sampling returned up to 620 g/t gold and channel sampling up to 1.8 metres of 19.6 g/t gold (see NR24). Surface gold mineralization at Veta covers an 800 by 500 metre area. The Cayos gold zone is located 1.5 kilometres south of the Veta gold discovery.

Toronto, Ontario--(Newsfile Corp. - September 12, 2018) - Palamina Corp.'s (TSXV: PA) recent field campaign at its Coasa Gold Project in south eastern Peru continues to confirm the presence of high grade gold at surface in the Veta Zone where continuous channel sampling returned 1.8 metres of 19.6 g/t gold and 0.9 metre of 103 g/t gold. The recently discovered zone of surface gold mineralization has now expanded to cover an 800 by 500 metre area and further selective rock-chip sampling in the Veta Zone returned up to 620 g/t (19.9 oz/t) gold.

Toronto, Ontario--(Newsfile Corp. - August 21, 2018) - Palamina Corp. (TSXV: PA) reports that New-Sense Geophysics Limited has commenced a 3,083 line kilometer heliborne geophysical survey over its Coasa, Gaban and Cori gold projects in the Puno Orogenic Gold Belt ("POGB") in south-eastern Peru. In the POGB, gold mineralization frequently has an association with magnetic pyrrhotite within swarms of orogenic quartz veins and veinlets restricted to discrete, continuous packages in shear zone structures hosted by fine-grained sedimentary units. Palamina believes results from the heliborne survey will outline regional structures and help focus follow up ground exploration on identifying the most prospective sectors for possible drill testing.

VANCOUVER, July 6, 2018 /CNW/ - Trading resumes in:

Toronto, Ontario--(Newsfile Corp. - July 5, 2018) - Palamina Corp. (TSXV: PA): A trading halt was imposed by IIROC (Investment Industry Regulatory Organization of Canada) following the dissemination of Palamina's July 5 news release at 9:00 a.m. Toronto time, whereby IIROC requested clarification of certain statements. Clarifications and an amended release follow:

VANCOUVER, July 5, 2018 /CNW/ - The following issues have been halted by IIROC:

Toronto, Ontario--(Newsfile Corp. - July 5, 2018) - Palamina Corp. (TSXV: PA) has discovered a new orogenic gold zone in the Veta target area at its Coasa Gold Project in south-eastern Peru. At Coasa, nine separate orogenic gold anomalous target areas have been prioritized into low, intermediate and high priority anomalies. Palamina´s latest sampling campaign focused on gaining an understanding of the potential of the highest priority Phusca and Veta anomalies.

Toronto, Ontario--(Newsfile Corp. - June 20, 2018) - Palamina Corp. (TSXV: PA) has completed further staking to expand its five 100% owned, district-scale gold projects in the Puno Orogenic Gold Belt ("POGB") located in southeastern Peru. The POGB is one of the least explored known orogenic gold belts. Palamina's projects in the POGB now cover over 77,000 hectares. All projects have been ground-truthed by artisanal, small-scale and informal miners who are generally limited to mining gold from the top 100 metres below surface. No previous systematic exploration programs have been carried out on Palamina's gold projects. The Company has used recent geochemical and prospecting results to direct to staking over potential extensions to existing gold mineralized zones.

Toronto, Ontario--(Newsfile Corp. - May 22, 2018) - Palamina Corp. (TSXV: PA) has contracted New-Sense Geophysics Limited to conduct heliborne geophysical aeromagnetic-radiometric surveys on its Coasa, Gaban and Cori gold projects in south-eastern Peru. To date Palamina has acquired 5 projects in the Puno Orogenic Gold Belt ("POGB") including Coasa, Gaban and Cori. Known orogenic gold deposits within the POGB have a strong structural control where free gold occurs in association with pyrrhotite and other sulphides within or in proximity to regional shear structures. Palamina believes the results of the airborne geophysics will serve as a pathfinder to identify and focus on the most prospective sectors of mineralized gold structures in the POGB. Members of Palamina's exploration team have considerable experience in the POGB with direct involvement in the discovery and development of the Ollachea gold deposit located 70 km northwest of Coasa, 40 km south of Gaban and 31 km south west of Cori.

TORONTO, April 06, 2018 (GLOBE NEWSWIRE) -- Palamina Corp. ("Palamina" or the "Company") announced that it has granted 950,000 incentive stock options to certain officers, directors and consultants of the Company under its Stock Option Plan.  All options...

Toronto, Ontario--(Newsfile Corp. - February 26, 2018) - Palamina Corp. (TSXV: PA) has closed a non-brokered private placement offering of 7,166,667 Units at a purchase price of $0.30 per Unit, for aggregate gross proceeds of $2,150,000. On February 1, 2018, Palamina announced a $2,000,000 placement but due to demand elected to increase the placement by $150,000 yet remain under 30,000,000 shares outstanding. After giving effect to the financing Palamina has 29,621,381 shares outstanding.

Toronto, Ontario--(Newsfile Corp. - February 1, 2018) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it will conduct a non-brokered private placement offering (the "Offering") of up to 6,666,667 units ("Units") at a purchase price of $0.30 per Unit, for aggregate gross proceeds of up to $2,000,000.

Toronto, Ontario--(Newsfile Corp. - January 29, 2018) - Palamina Corp. (TSXV: PA) has purchased the mining rights to two contiguous concessions within the Gaban Gold Project with a view to locating the source of artisanal coarse alluvial gold being mined along the Yanamayo river. By acquiring 100% of the mining rights to the Minera San Gaban and Aurifera San Gaban claims, Palamina has secured the mining rights to 85 % of an area bound on all sides by four mountain ridges where geochemical stream sediment and rock sampling results would suggest proximity to an orogenic gold source.

Toronto, Ontario--(Newsfile Corp. - November 20, 2017) - Palamina Corp. (TSXV: PA) through its 100% owned Peruvian subsidiary Palamina S.A.C, made application for an additional 18 claims covering 9,700 hectares in the Department of Puno. Palamina S.A.C. currently has a total of 50 mining claim applications totaling 32,600 hectares in Peru.

Toronto, Ontario--(Newsfile Corp. - November 13, 2017) - Palamina Corp. (TSXV: PA) today announced that Jose Vizquerra-Benavides has resigned from the board of directors and will continue his support as a member of Palamina's advisory board. Palamina thanks Mr Vizquerra-Benavides for his support and advice as a director and welcome him as an advisor. Mr. Alistair Waddell, a director of Palamina, has agreed to become a member of the audit committee and assume Mr. Vizquerra-Benavides responsibilities.

Toronto, Ontario--(Newsfile Corp. - November 1, 2017) - Palamina Corp. (TSXV: PA) today announced the nomination of Alistair Waddell to the board of directors and appointed Donald Mc Iver and Yury Valdivieso to senior management positions. Donald McIver joins Palamina as its new V.P. of Exploration and Yury Valdivieso as Exploration Manager for Peru.

Toronto, Ontario--(Newsfile Corp. - October 23, 2017) - Palamina Corp. (TSXV: PA) 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 (POGB), 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 order to execute on its plan, Palamina has also assembled an experienced geological team with collectively over 27 years of experience in the POGB.

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...

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.

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 Palamina Corp. under its Stock Option Plan. All options are exercisable at $0.16 per common share and expire on November 15, 2021.

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...

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...

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 commissions were paid and the Company continues to move forward with no warrants as none were issued.

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 Agnico Eagle Mines Limited. The Project has good infrastructure and is located approximately 75 km northwest of Pachuca, the capital city of Hidalgo, and 130 km north of Mexico City.