Palamina Grants Options

Palamina Grants Options

Palamina Corp. (TSXV: PA,OTC:PLMNF) (OTCQB: PLMNF) ("Palamina" or the "Company") has granted 4,025,000 incentive stock options to certain officers, directors, advisors and consultants of the Company under its Stock Option Plan. All options are exercisable at $0.16 per common share. The options granted to officers and directors and advisors expire on January 20, 2031 and the options granted to the consultants expire on January 20, 2029.

ABOUT PALAMINA
Palamina is an exploration company with a land bank of gold projects in the Puno Orogenic Gold Belt in southeastern Peru and a land bank of high grade silver-copper assets in southeastern and northeastern Peru. Palamina trades on the TSX Venture Exchange under the symbol PA and on the OTCQB under the symbol PLMNF.

On Behalf of the Board of Directors:
Andrew Thomson, President | Phone: (416) 204-7536 or visit www.palamina.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements include, but are not limited to, the use of proceeds of the Offering and the Company's future business plans. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. A more complete discussion of the risks and uncertainties facing the Company appears in the Company's continuous disclosure filings, which are available at www.sedarplus.ca.

Not for distribution to U.S. news wire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281051

News Provided by TMX Newsfile via QuoteMedia

PA:CC
The Conversation (0)
Gold map of the world over black background.

10 Largest Producers of Gold by Country

With gold prices surging to new all-time highs at the start of 2026, the top gold-producing countries are set to benefit significantly from a runaway bull market. After surging more than 80 percent since January 2025, the market's momentum peaked on January 28, when gold reached an all-time high... Keep Reading...
Analyst Note: Positive PEA Delivered - Rua Gold's Auld Creek Enters PFS Workstream Under New Zealand Fast-Track Approvals

Analyst Note: Positive PEA Delivered - Rua Gold's Auld Creek Enters PFS Workstream Under New Zealand Fast-Track Approvals

After-Tax NPV5% of US$42M and 17% IRR at base case; US$113M and 36% IRR at spot gold. PEA effective April 25, 2026. PFS targeted Q4 2026. CEO signals the project is well-positioned to leverage New Zealand's Fast-Track Approvals permitting process. CanadaNewsGroup.com News Commentary — Rua Gold... Keep Reading...
Tectonic Metals (TSXV:TECT)

Tectonic Metals Launches 40,000 Metre, Five-Rig Drill Program to Advance High-Grade Gold Discoveries and Deliver Maiden Resource at Flat Gold Project, Alaska

Backed by a C$100M treasury, Tectonic deploys a five drill rig campaign to execute on four pillars of value creation: expansion and growth drilling, maiden resource definition, discovery drilling at district-scale targets and advanced project de-risking VANCOUVER, BC / ACCESS Newswire / May 6,... Keep Reading...
Joe Cavatoni, gold bars.

Joe Cavatoni: Gold Price Staying Strong, Top Drivers I'm Watching Now

Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, discusses gold's price activity since the Iran war began, saying its strength is a positive long-term signal. He also shares what factors he's watching most closely now. Don’t forget to follow us @INN_Resource for... Keep Reading...

Interactive Chart

Latest Press Releases

Related News