Palamina Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants for One Year.
PALAMINA ANNOUN NCES THE EXT TENSION OF T THE EXPIRY D DATE OF CERT TAIN COMMON S SHARE PURCH HASE WARRA ANTS FOR ON NE YEAR.
| FOR IMME | DIATE RELEAS | E: |
| Toronto, O | ntario Augus | t 21, 2019 |
Palamina Corp. (the “C Company” or r “Palamina”)
) (PA:TSX.V) a announces th hat it has agr reed to exten nd the expiry date of certain n of its outst tanding comm mon share p purchase war rrants (the "W Warrants") f for an ese Warrants were additional year. The new expiry da ate of these W Warrants will l be August 2 26, 2020. The issued pu ursuant to a private place ement of 7,1 166,667 units s, which clos sed on Febru uary 26, 2018
8. For further in nformation on n the original issuance of the Warrant ts, please ref fer to the pre ess releases o of the Company dated February 26, 2018.
| Warranth | olders are a | dvised that | replacement | warrant ce | rtificates wil | l not be iss | ued and tha | t the |
| original | warrant certi | ficates must | be presente | d to the Co | mpany in o | rder to effe | ct the exerc | ise or |
| transfer o | f such Warra | nts. All other | terms and c | onditions of | the Warrants | remain in fu | ll force and e | ffect. |
| The warr | ant extensio | n remains s | ubject to TSX | Venture Ex | change acce | ptance of re | quisite regu | latory |
| filings. |
About Palamina Corp.
| Palamina | holds the ap | plication and | mining right | s to five gold | projects in | south‐easter | n Peru in the | Puno |
|---|---|---|---|---|---|---|---|---|
| Orogenic | Gold Belt (P | OGB), a silver | copper proj | ect in the Sa | nta Lucia dist | rict and 2 co | pper‐gold pr | ojects |
| in Southe | rn Peru. Pala | mina recentl | y signed a let | ter of intent | with Helio R | esources Cor | p. to sell its | Gaban |
| gold and | Tinka I.O.C. | G Projects f | or 10,000,0 | 00 shares of | Helio and | a 2% NSR | per project. | Upon |
| completio | n of the sa | le, Palamina | will retain | six Projects | in Peru. Pa | lamina has | 36,228,636 s | hares |
| outstandi | ng and trade | s on the TSX | Venture Exch | ange under t | he symbol P | A. |
FOR FURT THER INFORM MATION PLEA ASE CONTACT T:
A Andrew T Thomson, President Phone: (4 416) 987‐0722 2 or visit www w.palamina.co om
Neither th he TSX Ventu ure Exchange e nor its Regu ulation Servic ces Provider (as that term m is defined i in the policies of f the TSX Venture Exchang ge) accepts responsibility fo or the adequa acy or accura acy of this rele ease.