Palamina Announces Grant of Stock Options
Palamina Corp.’s (TSX-V: 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 […]
Palamina Receives CDN$3,625,000 from Return of Capital to Winshear Shareholders
Palamina Corp.’s (TSX-V: PA, OTCQB: PLMNF) equity/royalty partner Winshear Gold Corp. (TSX-V: 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. “Post Winshear’s […]
Palamina to Receive Non-Dilutive CDN$3.35M Net Payment From Winshear Gold on Return of Capital To Shareholders
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 […]
Palamina Wins With Winshear US$30,000,000 Settlement
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 […]
Palamina Comments on Winshear Gold Corp. Share Movement
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 […]
Palamina Receives US$50,000 Advance Royalty Payment from Winshear Gold Corp.
Palamina Corp. (TSXV:PA – OTCQB:PLMNF) has received a US$50,000 Advance Royalty (“AR”) payment from Winshear Gold Corp. (“Winshear”) (TSX.V: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. […]
Palamina Completes $750,000 Private Placement
Not for distribution to U.S. news wire services or dissemination in the United States Palamina Corp. (“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 […]
Palamina Announces Private Placement
/Not for distribution to U.S. news wire services or dissemination in the United States/ Palamina Corp. (“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 […]
Palamina Receives Approval to Drill in the Sol de Oro and Cayos Zones at the Usicayos Gold Project in Peru
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 […]
Palamina’s Equity Partner Winshear Gold Posts Video Link to Arbitration Proceedings Against the Government of Tanzania
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: WINSHEAR ANNOUNCES THAT THE VIDEO RECORDING OF THE ARBITRATION HEARING AGAINST THE GOVERNMENT OF TANZANIA IS NOW ONLINE Winshear Gold Corp. (TSXV:WINS) (‘Winshear’, the ‘Company’, […]