Palisades Completes Name Change & Share Consolidation

PALISADES VENTURES INC.

PALISADES COMPLETES NAME CHANGE & SHARE CONSOLIDATION

Vancouver, British Columbia – November 27, 2015 – Palisades Ventures Inc. (TSXV: PSV) (the “Company”) is pleased to advise that it has completed its previously announced change of corporate name from “Uranium Standard Resources Inc.” to “Palisades Ventures Inc.”. The Company’s stock symbol on the TSX Venture Exchange (“TSXV”) has also changed. The Company’s new stock symbol on the TSXV is “PSV”. The name change was approved by the board of directors and the TSXV. The new ISIN for the Company’s listed shares is CA 6964221049 and the new CUSIP is 696422104XX.

The Company also completed its previously announced share consolidation, on the basis of two

(2) old common shares for one (1) new common share (the “Consolidation”), as was approved by the directors of the Company and the TSXV. Each fractional common share equal to or greater than 0.5 common shares was rounded up to the nearest whole common share and each fractional common share less than 0.5 common shares was rounded down to the nearest whole common share. Following the Consolidation, the Company had 12,264,385 common shares issued and outstanding.

The Company advises that the post-Consolidation common shares of the Company will trade under the new CUSIP and ISIN numbers noted above.

On behalf of the Board of Directors of Palisades Ventures Inc.

Arni Johannson

Arni Johannson President and CEO

Palisades Ventures Inc.

Telephone: (604) 689-1749

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.