Palamina Shareholders Approve Colt Silver Spin-Out Transaction

04:07 PM EDT, 09/25/2026 (MT Newswires) -- Palamina (PA.V) shareholders approved a plan of arrangement to spin-out its subsidiary Colt Silver as a standalone company, the company said on Friday. Shareholders will receive 0.25 of a Colt Silver share per Palamina share held. Colt has a 100% stake in the Galena Silver Copper Project in Peru. Palamina and Colt Silver will close the arrangement on Sept. 29. Palamina shares were last seen up CA$0.005 at CA$0.16, on the TSX Venture Exchange. Price: 0.16, Change: +0.01, Percent Change: +3.23