VANCOUVER, BC, Sept. 15, 2025 /CNW/ - Palisades Goldcorp Ltd. provides the following update on its previously announced plan of arrangement and related return of capital transaction . At the request of the Canadian Investment Regulatory Organization , trading of the Company's common shares and common share purchase warrants has been halted today, the record date of the previously announced Arrangement. Trading is expected [...]
VANCOUVER, BC, Sept. 15, 2025 /CNW/ - New Found Gold Corp. is pleased to announce Dr. Andrew Furey, former Premier of Newfoundland and Labrador , has been appointed as an independent Director of the Board effective immediately. The Company continues to strengthen its Management team with the appointment of Hashim Ahmed as Chief Financial Officer and Robert Assabgui, current Study Manager of New Found Gold, as Chief [...]
Palisades Goldcorp provides the following update on its previously announced plan of arrangement and related return of capital transaction. Under the Return of Capital Transaction, each common shareholder of Palisades of record as at the close of business on September 15, 2025 will receive 0.1052 common shares of New Found Gold for each Palisades Share, payable on Sept 17, 2025. The Arrangement will be effective at 12:01 [...]
Palisades Goldcorp provides the following update on its previously announced plan of arrangement and related return of capital transaction . Pursuant to the policies of the TSXV, the Company advises that, in connection with the Return of Capital Transaction, the Company's outstanding common share purchase warrants will continue to trade on the TSXV under the symbol "PALI.WT". In accordance with the adjustment provisions [...]
Palisades Goldcorp is pleased to announce that the Company has obtained the final order of the Supreme Court of BC approving the previously announced plan of arrangement and has fixed Monday Sept 15, 2025 has the record date for the distribution of the New Found Gold Corp common shares to the Company's shareholders. The Company received shareholder approval for the Arrangement, which contemplates the return of capital [...]
Palisades Goldcorp is pleased to announce that at its meeting of shareholders held yesterday Shareholders approved the re-election of Gregor Gregersen and Elizabeth Harrison to the Board of Directors of the Company. In addition, Collin Kettell and Philip O'Neill were elected to the Board. Former director and Chief Financial Officer Bassam Moubarak did not stand for re-election. Effective immediately, Mr. O'Neill will also [...]
Palisades Goldcorp announces the closing of a loan for gross proceeds of C$8,251,800. The Company will issue the Note, in the principal amount of C$8,251,800. The Note will accrue interest at 15% per annum accruing annually from the date of the Note. The Note will be for a period of twelve months and will be secured by 7,850,000 New Found Gold Corp. shares. The Note will be issued to a significant shareholder of the [...]
Palisades Goldcorp announces it is proposing to carry out a return of capital transaction. Pursuant to the Transaction, the Company proposes to distribute a specified number of common shares currently owned by the Company, with a $20-million value, of New Found Gold Corp. to the shareholders of the Company on a pro-rata basis. The Transaction is intended to maximize value for Palisades' shareholders and allow Palisades to [...]
Palisades Goldcorp is pleased to provide an update on its 100%-owned Eco Ridge uranium and rare earth project, held through its 100%-owned subsidiary Radio Fuels Resources. Eco Ridge, an established, proven mining camp with well-understood geology, excellent regional infrastructure, and strong local support, is located approximately 11 km east of the city of Elliot Lake, Ontario. The project covers 7668ha and encompasses [...]
Palisades Goldcorp announces the closing of a non-brokered private placement of secured convertible notes for aggregate gross proceeds of C$8,323,200. The Company will issue two Notes, each in the principal amount of C$4,161,600. 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. Note 1 will be for [...]
Palisades Goldcorp announces that it intends to complete a non-brokered private placement of secured convertible notes for aggregate gross proceeds of US$6 million. 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 [...]
Palisades Goldcorp reports that New Found Gold, a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has provided an overview of, and plans for, its 100% owned Queensway Gold Project, and has filed the technical report for the initial mineral resource estimate for the Queensway Gold Project . For further details regarding the Technical Report, including highlights [...]