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Palamina Commences Trading ON OTCQB Market Under the Symbol Plmnf

Listings & Exchange

PALAMINA COMMENCES TRADING ON OTCQB MARKET

UNDER THE SYMBOL PLMNF

FOR IMMEDIATE RELEASE

Toronto – November 12, 2021

Palamina Corp. (TSXV: PA - OTCQB: PLMNF) common shares are now trading on the OTCQB

Venture Market under the symbol “PLMNF” in the United States and continue to trade on the TSX

Venture Exchange as its primary listing under the symbol “PA” in Canada.

“Palamina’s maiden drill program at its flagship Usicayos gold project is underway in Peru where

upgrading to a n OTCQB listing will provide greater visibility, liquidity and exposure to US

investors,” commented Andrew Thomson, President of Palamina.

The OTCQB Venture offers investors transparent trading for entrepreneurial and development

stage U.S. and international companies that may not yet qualify for OTCQX. To be eligible,

companies must be current in their reporting and undergo an annual verification and management

certification process. The OTCQB Venture quality standards provide a strong basel ine of

transparency, as well as the technology and regulation to improve the information and trading

experience for investors.

U.S. investors can find current financial disclosure and real-time Level 2 quotes for Palamina Corp.

at http://www.otcmarkets.com/stock/plmnf/overview.

About Palamina Corp.

Palamina has first mover advantage on 4 district scale gold projects in south eastern Peru in the

Puno Orogenic Gold Belt (POGB). A maiden drill program is underway at its flagship Usicayos

Gold Project. The Company also has rights to a silver -copper project in the Santa Lucia district

and two copper -gold projects in Southern Peru. Palamin a holds an 19.95% equity interest in

Winshear Gold Corp. who are advancing the Gaban Gold Project to the drill discovery phase.

Palamina has 65,284,836 shares outstanding and trades on the TSX Venture Exchange under the

symbol PA and on the OTCQB Venture Market under the symbol PLMNF.

On Behalf of the Board of Directors:

Andrew Thomson, President

Phone: (416) 204-7536 or visit www.palamina.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.