File: Attachment 20260917_PALI_NR_Early Warning Press Release (VR Resources).pdf

PALISADES ACQUIRES SECURITIES OF VR RESOURCES LTD.

September 17, 2026 Vancouver, BC Palisades Goldcorp Ltd. (TSXV:PALI) ("Palisades" or the "Company") announces that, through its wholly-owned subsidiary Palisades Investments Ltd. ("Palisades Investments"), it has acquired beneficial ownership of 5,375,000 common shares (the "Shares") and 2,687,500 common share purchase warrants of VR Resources Ltd. (TSXV:VRR) ("VR Resources"), whose head office is at 1500 - 409 Granville Street, Vancouver, British Columbia, V6C 1T2, Canada, pursuant to a private placement of VR Resources that closed on September 16, 2026 (the "Acquisition").

Under the Acquisition, Palisades Investments subscribed for 5,375,000 units of VR Resources (the "Units") at a price of $0.40 per Unit, forming part of a private placement by VR Resources of an aggregate of 18,750,000 Units. Each Unit comprises one Share and one-half of one common share purchase warrant, and each whole warrant (the "September Warrants") entitles the holder to acquire one Share at a price of $0.65 per Share for a period of two years from the date of issuance.

The 5,375,000 Shares acquired under the Acquisition represent approximately 8.81% of the 61,039,179 issued and outstanding Shares of VR Resources immediately following closing of the private placement, resulting in a corresponding change to the aggregate percentage ownership of VR Resources by Palisades. Immediately before the Acquisition, Palisades beneficially owned, indirectly through Palisades Investments, 3,094,000 Shares, representing approximately 7.32% of the 42,289,179 issued and outstanding Shares of VR Resources, and 1,900,000 common share purchase warrants of VR Resources (the "Existing Warrants"). The Existing Warrants consist of 1,500,000 common share purchase warrants exercisable at $0.20 per Share until January 20, 2029, and 400,000 common share purchase warrants exercisable at $0.30 per Share until April 24, 2029. Assuming exercise of all of the Existing Warrants, Palisades would have beneficially owned 4,994,000 Shares, representing approximately 11.30% of the Shares on a partially diluted basis (calculated as 4,994,000 divided by 44,189,179).

Immediately following the Acquisition, Palisades beneficially owns, indirectly through Palisades Investments, 8,469,000 Shares, representing approximately 13.87% of the 61,039,179 issued and outstanding Shares of VR Resources, and 4,587,500 common share purchase warrants of VR Resources, consisting of the Existing Warrants and the September Warrants. Assuming exercise of all of those warrants, Palisades would beneficially own 13,056,500 Shares, representing approximately 19.90% of the Shares on a partially diluted basis (calculated as 13,056,500 divided by 65,626,679).

The Acquisition did not take place on a stock exchange or other market that represents a published market for the Shares. The Units were issued from the treasury of VR Resources by way of private placement, and the consideration paid by Palisades, indirectly through Palisades Investments, was cash in the aggregate amount of $2,150,000.

The holdings of securities of VR Resources by Palisades are held for investment purposes, and Palisades may increase or decrease its investment in VR Resources at any time depending on market conditions or any other relevant factor.

On August 27, 2026, Palisades issued a news release and filed an early warning report in respect of Shares acquired through the facilities of the TSX Venture Exchange on that date. Those documents identified Palisades as the acquiror and did not disclose that the securities reported in them were held directly by Palisades Investments, or name Palisades Investments as a joint actor. The numbers and percentages of securities disclosed in those documents were, and remain, accurate, and the beneficial ownership and control or direction of Palisades in respect of those securities is unchanged.

Additional Information

An early warning report will be filed by Palisades in accordance with applicable securities laws and will be available on SEDAR+ at www.sedarplus.ca under VR Resources' issuer profile. A copy of the early warning report may also be obtained by contacting Jeff Stieber at Palisades Goldcorp Ltd., 221 998 Harbourside Drive, North Vancouver, BC, V7P 3T2, Tel: (845) 535-1486.

About Palisades Goldcorp Ltd.

Palisades Goldcorp Ltd. is a Canadian company incorporated in the Province of British Columbia acting as a resource investment company and merchant bank focused on junior companies in the resource and mining sector and advancing and developing its own mineral projects. The Company is focused on providing retail and institutional investors with exposure to the junior resource space. The Company expects to continue to make investments, pursuant to its investment strategy, to achieve broad sector exposure with upside in the event of appreciation in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the Company holds investment or warrant positions. The Company owns an exploration project portfolio in Nevada, USA, the Eco Ridge uranium project in Ontario, Canada, a royalty on the Atlanta Gold Mine Project, and holds physical gold, platinum and silver bullion. The common shares of the Company are listed and posted for trading on the TSXV under the symbol "PALI". Palisades' management team identifies highly prospective assets in politically safe jurisdictions and seeks to unlock their value by providing strategic investments, proven technical skills, global knowledge, and increased access to industry relationships.

For further information regarding Palisades, please contact:

Jeff Stieber Chief Financial Officer Phone: +1 (845) 535-1486 Email: jeff@palisades.ca

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Palisades, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. All statements in this news release, other than statements of historical fact, including, without limitation, statements relating to the plans and business of Palisades, are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Palisades, are inherently subject to significant business, economic, technical, geologic, environmental, regulatory, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Palisades does not assume any obligation to update forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable securities laws.

File: '\\swfile\EmailIn\20260917 085806 Attachment 20260917_PALI_NR_Early Warning Press Release (VR Resources).docx'

PALISADES ACQUIRES SECURITIES OF VR RESOURCES LTD.

September 17, 2026 - Vancouver, BC - Palisades Goldcorp Ltd. (TSXV:PALI) ("Palisades" or the "Company") announces that, through its wholly-owned subsidiary Palisades Investments Ltd. ("Palisades Investments"), it has acquired beneficial ownership of 5,375,000 common shares (the "Shares") and 2,687,500 common share purchase warrants of VR Resources Ltd. (TSXV:VRR) ("VR Resources"), whose head office is at 1500 - 409 Granville Street, Vancouver, British Columbia, V6C 1T2, Canada, pursuant to a private placement of VR Resources that closed on September 16, 2026 (the "Acquisition").

Under the Acquisition, Palisades Investments subscribed for 5,375,000 units of VR Resources (the "Units") at a price of $0.40 per Unit, forming part of a private placement by VR Resources of an aggregate of 18,750,000 Units. Each Unit comprises one Share and one-half of one common share purchase warrant, and each whole warrant (the "September Warrants") entitles the holder to acquire one Share at a price of $0.65 per Share for a period of two years from the date of issuance.

The 5,375,000 Shares acquired under the Acquisition represent approximately 8.81% of the 61,039,179 issued and outstanding Shares of VR Resources immediately following closing of the private placement, resulting in a corresponding change to the aggregate percentage ownership of VR Resources by Palisades.

Immediately before the Acquisition, Palisades beneficially owned, indirectly through Palisades Investments, 3,094,000 Shares, representing approximately 7.32% of the 42,289,179 issued and outstanding Shares of VR Resources, and 1,900,000 common share purchase warrants of VR Resources (the "Existing Warrants"). The Existing Warrants consist of 1,500,000 common share purchase warrants exercisable at $0.20 per Share until January 20, 2029, and 400,000 common share purchase warrants exercisable at $0.30 per Share until April 24, 2029. Assuming exercise of all of the Existing Warrants, Palisades would have beneficially owned 4,994,000 Shares, representing approximately 11.30% of the Shares on a partially diluted basis (calculated as 4,994,000 divided by 44,189,179).

Immediately following the Acquisition, Palisades beneficially owns, indirectly through Palisades Investments, 8,469,000 Shares, representing approximately 13.87% of the 61,039,179 issued and outstanding Shares of VR Resources, and 4,587,500 common share purchase warrants of VR Resources, consisting of the Existing Warrants and the September Warrants. Assuming exercise of all of those warrants, Palisades would beneficially own 13,056,500 Shares, representing approximately 19.90% of the Shares on a partially diluted basis (calculated as 13,056,500 divided by 65,626,679).

The Acquisition did not take place on a stock exchange or other market that represents a published market for the Shares. The Units were issued from the treasury of VR Resources by way of private placement, and the consideration paid by Palisades, indirectly through Palisades Investments, was cash in the aggregate amount of $2,150,000.

The holdings of securities of VR Resources by Palisades are held for investment purposes, and Palisades may increase or decrease its investment in VR Resources at any time depending on market conditions or any other relevant factor.

On August 27, 2026, Palisades issued a news release and filed an early warning report in respect of Shares acquired through the facilities of the TSX Venture Exchange on that date. Those documents identified Palisades as the acquiror and did not disclose that the securities reported in them were held directly by Palisades Investments, or name Palisades Investments as a joint actor. The numbers and percentages of securities disclosed in those documents were, and remain, accurate, and the beneficial ownership and control or direction of Palisades in respect of those securities is unchanged.

Additional Information

An early warning report will be filed by Palisades in accordance with applicable securities laws and will be available on SEDAR+ at www.sedarplus.ca under VR Resources' issuer profile. A copy of the early warning report may also be obtained by contacting Jeff Stieber at Palisades Goldcorp Ltd., 221 - 998 Harbourside Drive, North Vancouver, BC, V7P 3T2, Tel: (845) 535-1486.

About Palisades Goldcorp Ltd.

Palisades Goldcorp Ltd. is a Canadian company incorporated in the Province of British Columbia acting as a resource investment company and merchant bank focused on junior companies in the resource and mining sector and advancing and developing its own mineral projects. The Company is focused on providing retail and institutional investors with exposure to the junior resource space. The Company expects to continue to make investments, pursuant to its investment strategy, to achieve broad sector exposure with upside in the event of appreciation in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the Company holds investment or warrant positions. The Company owns an exploration project portfolio in Nevada, USA, the Eco Ridge uranium project in Ontario, Canada, a royalty on the Atlanta Gold Mine Project, and holds physical gold, platinum and silver bullion. The common shares of the Company are listed and posted for trading on the TSXV under the symbol "PALI". Palisades' management team identifies highly prospective assets in politically safe jurisdictions and seeks to unlock their value by providing strategic investments, proven technical skills, global knowledge, and increased access to industry relationships.

For further information regarding Palisades, please contact:

Jeff Stieber

Chief Financial Officer

Phone: +1 (845) 535-1486

Email: jeff@palisades.ca

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward Looking Information

This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Palisades, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. All statements in this news release, other than statements of historical fact, including, without limitation, statements relating to the plans and business of Palisades, are forward-looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Palisades, are inherently subject to significant business, economic, technical, geologic, environmental, regulatory, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Palisades does not assume any obligation to update forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable securities laws.