Mr. Collin Kettell reports

PALISADES PROVIDES UPDATE ON RETURN OF CAPITAL TRANSACTION AND TRADING HALT

Palisades Goldcorp Ltd. has provided 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 (CIRO), 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 to remain halted until the opening of markets on Sept. 17, 2025, at which time the arrangement and the associated return-of-capital transaction will be completed. The company expects to issue a final press release prior to the market open on Sept. 17, 2025, confirming completion of the arrangement and the return-of-capital transaction and providing any additional details.

Further details regarding the arrangement and the return-of-capital transaction are set out in the management information circular dated July 21, 2025, and related materials, which are available under the company's profile on SEDAR+.

About Palisades Goldcorp Ltd.

Palisades Goldcorp is a Canadian company incorporated in the province of British Columbia acting primarily as a resource investment company and merchant bank focused on junior companies in the resource and mining sector. The company seeks to acquire equity participation in preinitial-public-offering and early-stage public resource companies with undeveloped or undervalued high-quality projects. The company focuses on companies that are in need of financial resources to realize their full potential, are undervalued in capital markets and/or operate in jurisdictions with low to moderate local political risk. The company is focused on providing retail and institutional investors with exposure in the junior resource space. The company primarily expects to continue to make investments, pursuant to its dual investment strategy, to achieve broad sector exposure with upside in the event of appreciation in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the company holds larger positions. At present and after the acquisition of Palisades Investments Ltd. (formerly Radio Fuels Energy Corp.) in February, 2025, Palisades has a portfolio of equity investments or securities convertible into equity investments in over 125 junior resource issuers. Through subsidiaries, Palisades holds exploration properties in Nevada and a uranium exploration property in Canada. The company owns 100 per cent of Made in America Gold Corp., which ranks as the largest junior mineral claim holder in the state of Nevada, as well as 100 per cent of Radio Fuels Resources Corp., which owns the Eco Ridge uranium project in Elliot Lake, Ont. The common shares of the company are listed and posted for trading on the TSX Venture Exchange under the symbol PALI. Palisades's management team identifies highly prospective assets in politically safe jurisdictions and seeks to unlock their value by providing strategic investments, proven technical skills, global knowledge and increased access to industry relationships.

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