Palamina Announces Grant of Options
PALAMIN NA ANNOUN NCES GRA ANT OF OP PTIONS
Toronto (April 6, 2018) - Palam mina Corp.
. ("Palamina a" or the "C Company") a announced t that it has grant ted 950,000 incentive st tock options s to certain o officers, dire ectors and c consultants o of the Company y under its S Stock Option n Plan. All options are exercisable at $0.39 pe er common s share. The options granted to officers and directo ors expire in n 5 years an nd the option ns granted t to the consultan nts expire in 3 years.
ABOUT PALAMIN NA
Palamina a is directed by a group of proven m mine finders focused on securing min ning assets i in the America' 's with the potential to host sign nificant gold d deposits. Palamina h has acquired d the applicatio on and mini ing rights to
- five areas i in the Puno gold belt an nd one proje ect in the co oastal
uthern Peru and holds 100% interes I.O.C.G. belt in Sou st in one ex xploration pr roject in Me exico. Palamina a has 29,891,371 shares outstanding and trades o on the TSX Venture Exchange unde er the symbol P PA.
FOR FU URTHER IN NFORMATI ION PLEASE CONTA ACT:
Andrew T Thomson, President Phone: (4 416) 987-0722 or visit w www.palamin na.com
This news release con ntains certain "forward-loo oking stateme ents" within t the meaning o of such statem ments under app plicable secur rities law. Forward-lookin ng statements are frequentl ly characteriz zed by words s such as "plan", "continue", "expect", "p project", "inte end", "believ ve", "anticipa ate", "estimat te", "may", " "will", "potential l", "proposed"
" and other si imilar words, , or statement ts that certain n events or co onditions "ma ay" or "will" occ cur. These statements are e only predic ctions. Vario ous assumptio ons were use ed in drawin ng the roughout this news conclusions or making g the projectio ons contained d in the forwa ard-looking s statements thr release. F Forward-looki ing statement ts include, bu ut are not lim mited to, the u use of procee eds of the Off ffering and the C Company's fu uture business plans. Forw ward-looking statements a are based on n the opinion ns and estimates of managem ment at the da ate the statem ments are mad de, and are su ubject to a variety of risk ks and uncertaint ts or results to differ mat terially from those ties and other factors that t could cause e actual event on, and expressly projected in the forw ny is under no obligatio ward-looking statements. The Compan ments, whether as a disclaims any intention n or obligatio on, to update e or revise an ny forward-lo ooking statem result of n y required by applicable la newinformati ion, future ev vents or other rwise, except t as expressly aw. A more com mplete discuss sion of the ri isks and unce ertainties faci ing the Comp pany appears in the Comp pany's continuou us disclosure f filings, which h are available at www.sed dar.com. Neit ther the TSX Venture Exch hange n the policies of the TSX V nor its Re egulation Serv vices Provider r (as that term m is defined in Venture Exch hange) accepts re esponsibility f for the adequa acy or accura acy of this rele ease.
/Not for dist tribution to U.S. news wire e services or d dissemination n in the United d States/