Palisades Goldcorp Charts a Bold New Course with Landmark Shareholder Decisions and Leadership Evolution

VANCOUVER, BC — Palisades Goldcorp Ltd. (the “Company” or “Palisades”) today announced the pivotal outcomes of its recently concluded Annual General and Special Meeting of Shareholders (the “Meeting”), held on August 15, 2025. This landmark event saw shareholders overwhelmingly approve a series of key resolutions, ushering in significant changes to the Company’s board of directors and management team, poised to propel Palisades into its next phase of strategic growth and operational excellence.

At the Meeting, shareholders demonstrated strong confidence in the Company’s proposed leadership, electing all nominated candidates to the board of directors.

The elected directors, who will serve until the next annual meeting of shareholders, include esteemed industry veterans such as Eleanor Vance, Marcus Thorne, Isabella Costa, David Chen, and Dr. Lena Singh. Their diverse expertise across finance, mining operations, and corporate governance is expected to bring fresh perspectives and robust oversight to Palisades’ strategic initiatives.

Furthermore, shareholders voted decisively to re-appoint KPMG LLP as the Company’s independent auditor for the ensuing year, empowering the board of directors to fix their remuneration.

This decision underscores Palisades’ unwavering commitment to financial transparency and sound corporate governance practices, ensuring continued adherence to the highest standards of accountability.

A critical resolution passed at the Meeting involved the approval of Palisades’ amended and restated stock option plan.

This updated plan is designed to align the interests of the Company’s employees, consultants, and directors with those of its shareholders, providing a powerful incentive for key personnel to contribute to long-term value creation. The plan is an essential tool in attracting, retaining, and motivating top talent within a competitive market.

Following the formal proceedings of the Meeting, the newly constituted board of directors convened to implement further strategic management changes.

In a significant move, Eleanor Vance, a newly elected director, was appointed as the new Chief Executive Officer of Palisades Goldcorp. Ms. Vance brings a distinguished track record of leadership in the resource sector, known for her visionary approach and ability to drive substantial growth. Concurrently, Marcus Thorne will assume the role of President, focusing on operational efficiencies and project development.

“Today marks a thrilling new chapter for Palisades Goldcorp,” commented Eleanor Vance, the newly appointed CEO.

“The strong mandate from our shareholders empowers us to execute an ambitious strategy focused on maximizing the value of our exceptional asset portfolio and exploring new opportunities. We are committed to fostering a culture of innovation, sustainability, and rigorous financial discipline. I am immensely excited to work alongside our talented team and a re-energized board to deliver outstanding results for all our stakeholders.”

The Company extends its sincere gratitude to the outgoing directors and management team members for their invaluable contributions and dedicated service to Palisades Goldcorp.

Their efforts have laid a solid foundation upon which the Company can now build its future successes. This strategic realignment of leadership and governance positions Palisades to confidently navigate market dynamics and capitalize on emerging opportunities within the precious metals sector.