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PALISADES ANNOUNCES EXTENSION OF CONVERTIBLE NOTE

Newswire.ca - Tue Nov 11, 2025

VANCOUVER, BC, Nov. 11, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") announced today that further to its May 21, 2025 news release, the Company has agreed to extend the maturity date of its secured convertible note in the principal amount of C$4,161,600 (the "Note") from November 21, 2025 to May 21, 2026, subject to approval of the TSX Venture Exchange. As a result of its return of capital transaction completed on September 17, 2025, in accordance with the terms of the Note, the conversion price was adjusted to C$1.24 per common share.

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