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Palisades Goldcorp Ltd. ( (TSE:PALI) ) has shared an announcement.
Palisades Goldcorp Ltd. announced a trading halt on its common shares and warrants due to a previously announced plan of arrangement and return of capital transaction. The halt, requested by the Canadian Investment Regulatory Organization, will last until September 17, 2025, when the arrangement is expected to be completed. This move is part of Palisades’ strategy to enhance its market positioning and provide value to its stakeholders by completing the arrangement and return of capital transaction.
More about Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a Canadian resource investment company and merchant bank, primarily focusing on junior companies in the resource and mining sector. The company seeks equity participation in pre-IPO and early-stage public resource companies with high-quality projects. It aims to provide financial resources to undervalued companies operating in low to moderate political risk jurisdictions, offering exposure to retail and institutional investors in the junior resource space. Palisades holds a portfolio of investments in over 125 junior resource issuers and owns exploration properties in Nevada and Canada.
Average Trading Volume: 37,269
Technical Sentiment Signal: Buy
Current Market Cap: C$88.58M
See more insights into PALI stock on TipRanks’ Stock Analysis page.