Core Points - Palamina Corp. has completed the first tranche of its non-brokered private placement, raising a total of $1,634,375 through the issuance of 13,075,000 units at a price of $0.125 per unit [1][2] - Each unit consists of one common share and one warrant, with warrants exercisable at $0.20 for two years, subject to acceleration if the stock trades at $0.35 for a specified period [1] - The proceeds from the offering will be used to advance the Galena silver copper manganese project and Usicayos gold project, along with general corporate purposes [2] Offering Details - The offering is subject to a statutory hold period ending on March 6, 2026, and requires acceptance from TSX-V for regulatory filings [2] - Related parties, including directors Andrew Thomson and Michael Farrant, purchased a total of 3,795,000 units, qualifying as a related party transaction [3] - The company was exempt from certain valuation and minority approval requirements due to the transaction's size being below $2,500,000 [3] Finder's Fee - A cash finder's fee of $750 was paid, along with the issuance of 6,000 finder's warrants, which are exercisable at $0.125 for two years [4] Company Overview - Palamina is an exploration company focused on high-grade copper-silver assets in Peru and gold projects in the Puno Orogenic Gold Belt, trading on TSX Venture Exchange under the symbol PA and on OTCQB under PLMNF [6]