Palamina Corp V.PA

Eric Sprott Changes to His Holdings in Palamina Corp

[Betteryear2]

Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Eric Sprott announces that on June 18, 2023, 8,000,000 common share purchase warrants (Warrants) of Palamina Corp., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in beneficial ownership of approximately 9.5% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned 8,000,000 Shares and 8,000,000 Warrants representing approximately 12.3% of the outstanding Shares on a non-diluted basis and 21.8% on a partially-diluted basis assuming the exercise of such Warrants. As a result of the Warrant expiry, Mr. Sprott now owns 8,000,000 Shares representing approximately 12.3% of the outstanding Shares on a non-diluted basis.

Eric Sprott Announces Changes to His Holdings in Palamina Corp (newsfilecorp.com)