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PALISADES ANNOUNCES US$6 MILLION SECURED CONVERTIBLE NOTES NON-BROKERED PRIVATE PLACEMENT WITH STRATEGIC INVESTOR

Newswire.ca - Fri Apr 25, 2025

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VANCOUVER, BC, April 25, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") announces that it intends to complete a non-brokered private placement of secured convertible notes (the "Notes") for aggregate gross proceeds of US$6 million (the "Offering"). The Company will issue two Notes, each in the principal amount of US$3 million. The Notes will accrue interest at 10% per annum payable every 6 months. Upon agreement of the Company and holder, the interest payment may be payable in shares of the Company.

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