February 28, 2017 / 11:16 AM / 8 months ago

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

Feb 28 (Reuters) - Palisades Ventures Inc

* 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: Further company coverage:

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