Palisades Announces $150,000 Private Placement

PALISADES VENTURES INC.

PALISADES ANNOUNCES $150,000 PRIVATE PLACEMENT

Vancouver, British Columbia – April 1, 2016 – Palisades Ventures Inc. (TSX.V: PSV) has agreed to a non-brokered private placement of up to 3,000,000 units at a price of $0.05 per unit for gross proceeds of $150,000. Each unit will be comprised of one common share and onehalf of one share purchase warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.10 per share for a period of two years from the date of closing. Finders' fee will be payable on a portion of this placement, which is subject to acceptance for filing by the TSX Venture Exchange.

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.