Palamina
Minerals & Mining · Canada · 1-10 Employees
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Overview
Headquarters
145 King St Ste 2870, Toronto, Ontario, ...Phone Number
(416) 204-7536Website
www.palamina.comRevenue
<$5 MillionIndustry
ZI Rank: 1
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ZI Rank
2
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About Palamina
Palamina Corp. is focused on gold, silver, and copper projects in the drill discovery phase in Peru, with notable projects including Usicayos and Galena. The company is planning to spin out Colt Silver Corp., allowing shareholders to receive shares in the new entity. Palamina aims to create shareholder value through ongoing drilling and exploration activities, with plans to resume drilling at its gold project in 2026. The company is actively engaged in financial activities and investor relations to support its growth and development.Explore more
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Palamina News & Media
Palamina Wins with Winshear US$30000000 Settlement - MarketScreener
Palamina Corp. equity/royalty partner Winshear Gold Inc. has received a settlement payment of US$30,000,000 from the Tanzanian Government as compensation for the expropriation of Winshear's SMP...Palamina Wins with Winshear US$30,000,000 Settlement
Toronto, Ontario--(Newsfile Corp. - October 16, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) equity/royalty partner Winshear Gold Inc. (TSXV: WINS) ("Winshear") has received a settlement payment of US$30,000,000 from the Tanzanian Government as compensation for the expropriation of Winshear's SMP gold deposit in Tanzania. Palamina holds 13,422,000 common shares and 1,321,000 warrants in Winshear Gold Corp. (representing an 18.5% partially diluted share position) and a 2% NSR on all its...Palamina Comments on Winshear Gold Corp. Share Movement
Toronto, Ontario--(Newsfile Corp. - September 19, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) currently holds 13,422,000 common shares and 1,321,000 warrants in Winshear Gold Corp. (TSXV:WINS) representing an 18.5% partially diluted share position. In February of 2023 Winshear completed arbitration proceedings against the Tanzanian Government to recover damages for the expropriation of its SMP Gold Deposit in Tanzania. The arbitration proceedings were held at the International Centre for...Palamina Receives US$ 50,000 Advance Royalty Payment from Winshear Gold Corp
Toronto, Ontario--(Newsfile Corp. - August 31, 2023) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received a US$50,000 Advance Royalty ("AR") payment from Winshear Gold Corp. (TSXV: WINS) ("Winshear"). 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. In September of 2024 a US$100,000 payment is
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Palamina Corp. is focused on gold, silver, and copper projects in the drill discovery phase in Peru, with notable projects including Usicayos and Galena. The company is planning to spin out Colt Silver Corp., allowing shareholders to receive shares in the new entity. Palamina aims to create shareholder value through ongoing drilling and exploration... Read More
