Gold, Silver and Copper Projects in the Drill Discovery Phase in Peru

Palamina (TSX.V: PA | OTCQB: PLMNF) is seeking approval from shareholders at its Annual General Meeting to spin out Colt Silver Corp. where Colt shareholders will receive 1 share in Colt Silver for every 3 shares they hold in Palamina. Subject to shareholder and exchange approval, the resulting two publicly traded companies will be structured as follows:

Palamina Corp. plans to resume drilling at its Usicayos Gold Project in 2026.
Colt Silver Corp. is fast-tracking the Galena Silver Copper Manganese Project to drill discovery.

Palamina and Colt Silver are focused on creating shareholder value through drill discovery.