Palamina Corp. has appointed Hugh Agro to the board of Palamina Corp. and accepted Glenton Masterman'sresignation. Palamina would like to thank Glen for his support and efforts in advising Palamina. Glen recently relocated to Australia and want to wish him every success in his new endeavours. Hugh Agro is a Principal of Carbon Arc Capital Investments Inc. Prior to co-founding Carbon Arc, Mr. Agro was Executive Vice President, Strategic Development with Kinross Gold Corporation. At Kinross, Mr. Agro was a member of the Executive Leadership Team and responsible for strategic and operational leadership of Kinross' growth initiatives including corporate development, global exploration and commercial activities in Russia. Previously, Mr. Agro held senior executive positions with Placer Dome, Senator Capital Partners and in investment banking with Deutsche Bank's Global Metals and Mining Group.