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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 4 shares they hold in Palamina. Subject to shareholder and exchange approval, the resulting two publicly traded companies will be structured as follows:

Palamina Corp. will continue to advance its Usicayos Gold Project in 2026.
Colt Silver Corp. plans to carry out an inaugural drill program at the Galena Silver Copper Project in the fall of 2026.

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

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August 14, 2026

Palamina Update on Colt Silver Spin-Out Transaction

August 14, 2026

Toronto – Palamina Corp. (TSX.V: PA OTCQB: PLMNF) (“Palamina” or the “Company”) has set its annual and special meeting of shareholders to be held at 10:30 a.m. (Toronto time) on September 24, 2026 (the “Meeting”) in respect of the approval of the previously announced spin-out transaction (the “Transaction”) pursuant to an arrangement agreement (the “Arrangement Agreement”) between the Company, Colt Silver Corp. (“Colt Silver”) and Colt Finco Corp. (“Finco”), whereby Palamina will distribute a certain number of common shares of Colt Silver to the shareholders of Palamina pursuant to a plan of arrangement under section 182 of the Business Corporations Act (Ontario) (the “Arrangement”) and an equity stock option plan for Colt Silver.

August 14, 2026

July 2, 2026

Palamina Magnetic + Gravity Surveys Identifies Near Surface Drill Targets at the Galena Silver Copper project

July 2, 2026

Toronto – July 2, 2026 - Palamina Corp. (TSX.V: PA OTCQB: PLMNF) holds a 100% interest in its Canadian subsidiary, Colt Silver Corp. (“Colt”) whereby Colt, through its Peruvian subsidiary, holds a 100% interest in the Galena silver copper project. Palamina is seeking shareholder approval at its 2026 annual and special meeting to spin out Colt Silver Corp. as a standalone public company.

July 2, 2026

May 12, 2026

Palamina Adopts Semi-Annual Financial Reporting

May 12, 2026

Toronto – May 12, 2026 -Palamina Corp. (TSX.V: PA OTCQB: PLMNF) is pleased to announce that pursuant to the Canadian Securities Administrators Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, as adopted by the B.C. Securities Commission, (the "Blanket Order") it will move to semi-annual financial reporting ("SAR").

May 12, 2026