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Brief: Palisades enters into amended and restated binding agreement with Intermont Exploration, LLC and 1027344 B.C. Ltd.

Feb 28 (Reuters) - Palisades Ventures Inc  PSV.V  
    * Palisades enters into amended and restated binding 
agreement with Intermont Exploration, LLC and 1027344 B.C. Ltd. 
    * Palisades Ventures Inc - Parties completed due diligence, 
amended agreement replaces binding letter agreement previously 
announced on January 4, 2017 
    * Palisades Ventures Inc - Will complete a private placement 
of units for gross minimum proceeds of CDN$1 million and gross 
maximum proceeds of CDN$2 million 
    * Palisades Ventures Inc - Proceeds of private placement 
will be used for a phase 1 work program on Hurricane Project 
 
Source text for Eikon:  ID:nCNWrq29ra  
Further company coverage:  PSV.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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