Palamina – $3.35 Million Non-Dilutive Net Payment From Winshear
Andrew Thomson, President and CEO of Palamina (TSX.V:PA) joins me to discuss the $3.35million non-dilutive net payment the Company will receive from Winshear Gold (TSX.V:WINS). This payment is a return of capital to shareholders after Winshear received the arbitration settlement with the Tanzania government.
I have Andrew outline the exploration plans at the Company’s Usicayos Project, once the funds are received. He also details what Winshear is planning to do with its share of the remaining funds.
Please email me with any follow up questions for Andrew. My email address is Fleck@kereport.com.
Discloser – Cory is a shareholder of Palamina.