Palamina Announces Extension of Private Placement

Executive Summary

• Palamina Corp. closed the first tranche of its non‑brokered private placement offering.
• The company has applied to the TSX Venture Exchange for a 30‑day extension (to Dec 12, 2025) to secure up to an additional $865,625 in subscriptions.
• Closing of the subsequent tranche remains subject to receipt of subscriptions and regulatory/TSXV approvals.

Key Details

• First tranche of the non‑brokered private placement has been closed as announced in the Nov 7, 2025 press release.
• Palamina seeks a 30‑day price‑protection extension to Dec 12, 2025 to complete subscriptions for up to $865,625 additional capital.
• The subsequent closing is conditional on:
• Receipt of required subscription amounts,
• Satisfactory regulatory approvals, and
• TSX Venture Exchange approval.
• Securities offered are not registered under the U.S. Securities Act and cannot be sold in the United States or to U.S. persons without an exemption.
• The release contains forward‑looking statements regarding use of proceeds and future business plans; no offer is being made in jurisdictions where it would be unlawful.

Notable Quotes

(No executive quotes were provided in the release.)