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PA.V ·

Palamina Announces Grant of Options

Share Capital & Compensation

Toronto (September 17, 2015) - Palamina Corp. ("Palamina" or the "Company") announced that it has granted 5,499,450 incentive stock options to certain officers and directors of the Company under its Stock Option Plan. All options are exercisable at $0.02 per common share and expire on September 15, 2020.

Further Information

For further information about Palamina, please contact:

Andrew Thomson President & Director Phone: (416)204-7536 or Email: [email protected]