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The common shares and Warrants and any common shares issued pursuant to the Warrants, as applicable will be subject to a statutory hold period of four months and one day from the date of issuance of the Units. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or netx to update publicly any forward looking statements, whether as a result of new information, future events or or otherwise.

Palisades is positioning itself with ificant stakes inundervalued companies and assets with the goal of generating superior returns. Actual could differ materially from those currently anticipated due to a of assumptions, factors and fkr.

Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. With junior resource equities valued at generational lows, management believes the sector is on the cusp of a major bull market move. The primary resource at Shafter and Revenue-Viriginius is silver.

Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Net proceeds will also be used for working capital and general and administrative expenses including potential opportunities to advance its wholly owned Shafter Project in light of the current silver price.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Private Placement including with respect to the timing of closing of the Private Placement. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

Palisades' management team has a demonstrated track record of making money and is backed by many of the industry's most notable financiers. Both are fully permitted for production.

The Units will be issued on a private placement basis pursuant to applicable exemptions from prospectus requirements under applicable securities laws. In the event the Private Placement is oversubscribed, the Company may increase the of Units, which will be confirmed by 550 further news release.