Mr. Michael Parker, investor, reports
MICHAEL A. PARKER ACQUIRES SECURITIES OF PALISADES GOLDCORP LTD.
Palisades Goldcorp Ltd. investor Michael A. Parker has indirectly acquired ownership and control of an aggregate of 3,356,129 common shares upon the conversion of convertible notes in the aggregate principal amount of $4,161,600 of Palisades Goldcorp, effective April 28, 2026.
The subject shares were acquired pursuant to the acquisition and represent approximately 4.7 per cent of all issued and outstanding common shares of the company as of April 28, 2026, resulting in a corresponding change to the aggregate percentage ownership of the company by the acquirer.
Immediately before the acquisition, the acquirer and his joint actors held 14,256,127 shares and convertible notes (inclusive of the subject notes) in the aggregate principal amount of $4,161,600 representing approximately 21.0 per cent of the issued and outstanding shares (or approximately 24.7 per cent on a partially diluted basis assuming conversion of such convertible notes only), of which the acquirer held 114,363 shares representing less than 1 per cent of the issued and outstanding shares, and his joint actors held 14,141,764 shares and the above-noted convertible notes representing approximately 20.8 per cent of the issued and outstanding shares (or approximately 24.6 per cent on a partially diluted basis assuming conversion of such convertible notes only).
Immediately following the acquisition, the acquirer and his joint actors held 17,612,256 shares representing approximately 24.7 per cent of the issued and outstanding shares at April 28, 2026, of which the acquirer held 114,363 shares representing less than 1 per cent of the issued and outstanding shares, and his joint actors held 17,497,893 shares (and no convertible notes) representing approximately 24.6 per cent of the issued and outstanding shares immediately following the acquisition.
The subject shares were acquired pursuant to the acquisition for aggregate consideration of $4,161,600. The holdings of securities of the company by the acquirer are managed for investment purposes, and the acquirer and/or his joint actors could increase or decrease their respective investments in the company at any time, or continue to maintain their current investment position, depending on market conditions or any other relevant factor.
Additional information
A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting: Michael A. Parker, E Indian School Rd., Phoenix, Ariz., 85018. Telephone: 602-625-4049.
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