Mr. Andrew Thomson reports

PALAMINA ADOPTS SEMI-ANNUAL FINANCIAL REPORTING

Palamina Corp., pursuant to the Canadian Securities Administrators Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, as adopted by the B.C. Securities Commission, will move to semi-annual financial reporting (SAR).

Palamina will voluntarily move from a quarterly to a semi-annual financial reporting framework. The company's fiscal year recently ended on December 31. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management's Discussion & Analysis (MD&A) for its first and third quarters.

Interim Periods Affected: The Company will not file an interim report in 2026 (and in future years) for the first quarter (Q1) ending March 31 and the third quarter (Q3) ending September 31; and Ongoing Reporting Requirements: The Company will continue to file audited financial statements (due within 120 days of year-end) and six-month interim financial reports (due within 60 days of December 31).

This news release is being issued pursuant to the Blanket Order and the Company will continue to report all material changes and significant developments as required under National Instrument 51-102 - Continuous Disclosure Obligations and under all applicable securities laws and regulations. Adopting semi-annual reporting will reduce the administrative and financial burden associated with quarterly reporting.

About Palamina

Palamina is a mineral exploration company with 6 gold projects in the Puno Orogenic Gold Belt in southeastern Peru and a separate Canadian 100% owned subsidiary, Colt Silver Corp. with seven copper-silver assets across southeastern, northeastern, and central Peru. Colt Silver Corp. is being spun out into its own stand alone public company to unlock additional shareholder value. Palamina trades on the TSX Venture Exchange (PA) and the OTCQB (PLMNF).

We seek Safe Harbor.