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Andrew Thomson (the “Acquiror”) has at present filed an early warning report (the “Early Warning Report”) advising that on November 6, 2025 he bought an combination of three,695,000 items of Palamina Corp. (the “Firm”) at a worth between $0.125 per unit (every “Unit”). Every Unit consists of 1 frequent share and one warrant (every a “Warrant”), with every Warrant is exercisable to amass one frequent share at a worth of $0.20 for a interval of two years after the date of issuance.
Instantly previous to the purchases, the Acquiror had helpful possession, or exercised management or path, each instantly and not directly over 9,955,802 shares and 975,000 choices, representing roughly 13.9% of the excellent shares of Palamina on an undiluted foundation and 15.0% of the excellent shares of Palamina on {a partially} diluted foundation. Following the acquisition, the Acquiror has helpful possession or workouts path or management over, instantly and not directly: (a) 13,651,802 shares; (b) 975,000 Choices; and (c) 3,695,000 warrants, representing roughly 16.1% of the excellent shares of Palamina on an undiluted foundation and 20.5% on {a partially} diluted foundation. The warrants can’t be exercised by the Acquiror until and till all regulatory and shareholder approvals are obtained.
The shares have been acquired for funding functions. The Acquiror has a long-term view of the funding and will purchase further shares of the Firm both on the open market or by means of personal acquisitions or promote the shares on the open market or by means of personal inclinations sooner or later relying on market circumstances, reformulation of plans and/or different related components.
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