Business
PALISADES PROVIDES UPDATE ON RETURN OF CAPITAL TRANSACTION AND TRADING HALT
Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") provides the following update on its previously announced plan of arrangement (the "Arrangement") and related return of capital transaction (the "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 September 17, 2025, at which time the Arrangement and the associated Return of Capital Transaction will be completed.
About this update from Palisade Bio, Inc.
[{"type":"text","content":"VANCOUVER, BC, Sept. 15, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") provides the following update on its previously announced plan of arrangement (the "Arrangement") and related return of capital transaction (the "Return of Capital Transaction").","length":334,"tagName":"p"},{"type":"image","alt":"Palisades Goldcorp Ltd. (CNW Group/Palisades Goldcorp Ltd.)","displaySize":"","headline":null,"caption":"Palisades Goldcorp Ltd. (CNW Group/Palisades Goldcorp Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/cnwgroup.com/aea5dc2781530b50ab846d45ebc37f64"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/s7IQNc9KQMQZ17SYGcldIw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/aea5dc2781530b50ab846d45ebc37f64","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2773272/Palisades_Goldcorp_Ltd__PALISADES_PROVIDES_UPDATE_ON_RETURN_OF_C.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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 September 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 September 17, 2025, confirming completion of the Arrangement and the Return of Capital Transaction and providing any additional details.","length":646,"tagName":"p"},{"type":"text","content":"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 at www.sedarplus.ca.","length":246,"tagName":"p"},{"type":"text","content":"About Palisades Goldcorp Ltd.","length":29,"tagName":"p"},{"type":"text","content":"Palisades Goldcorp Ltd. is a Canadian company incorporated in the province of British Columbia acting primarily as a resource investment company and...