Palamina Corp.

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 [...]

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 [...]

Andrew Thomson has today filed an early warning report advising of his acquisition of an aggregate of 15,500 common shares of Palamina Corp. in the market. The Shares were purchased at a price of $0.19 per Share for total aggregate consideration of $2,945.00. The Acquiror acquired direct and indirect ownership of an aggregate 15,500 Shares of the [...]

Palamina Corp. 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 [...]

Palamina Corp. 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 , who are advancing the Gaban Gold project toward initial drill testing. Palamina is acting as the operator at Gaban for Winshear [...]

Palamina Corp. has secured a Declaración de Impacto Ambiental 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 which [...]

Palamina Corp. 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 [...]

Palamina Corp. 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 Corp. advises that it has filed an Early Warning Report in connection with the issuance by Helio Resource Corp. to Palamina of 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 . Pursuant to the Transaction, Palamina will receive a [...]

Palamina Corp. is pleased to announce the closing of its previously announced transaction with Helio Resource Corp. , 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 and a 2% Net [...]