Palisades Goldcorp holder Parker acquires 3.35M shares

Executive Summary

• Michael A. Parker converted $4,161,600 of convertible notes into 3,356,129 common shares of Palisades Goldcorp Ltd., representing approximately 4.95% of the company’s outstanding share capital as of Dec. 10 2025.
• The acquisition raises the combined holdings of Parker and his joint actors to roughly 21.02% of all issued and outstanding shares (≈24.74% on a partially‑diluted basis).
• Total consideration for the conversion was $4,161,600; the securities are held for investment purposes and may be adjusted at any time.

Key Details

• Conversion: Convertible notes with aggregate principal amount of $4,161,600 were converted into 3,356,129 common shares on Dec. 10 2025.
• Ownership Percentage Post‑Conversion: Approximately 4.95% of all issued and outstanding common shares held directly by Parker; combined with joint actors, total ownership rises to 21.02% (partially diluted basis ≈24.74%).
• Pre‑Acquisition Holdings: Prior to conversion, Parker and his joint actors owned 10.9 million shares and convertible notes (principal $8,323,200), representing 16.91% of outstanding shares (≈24.74% partially diluted).
• Post‑Acquisition Holdings: After conversion, total holdings are 14,256,129 shares, equating to 21.02% of outstanding shares (≈24.74% partially diluted).
• Consideration Paid: Aggregate consideration for the converted securities was $4,161,600.
• Investment Intent: The securities are managed for investment purposes; Parker and his joint actors may increase, decrease, or maintain their positions at any time based on market conditions or other factors.

Notable Quotes

(No direct quotes provided in the release.)