PALLADON VENTURES LTD. ("PLL") BULLETIN TYPE: Shares for Debt BULLETIN DATE: March 14, 2007 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,290,597 shares at a deemed price of $0.70 per share to settle outstanding debt for $1,603,418.
Number of Creditors: 1 Creditor
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price Creditor Progroup=P Owing per Share # of Shares
George Young Y $ 1,603,418 $0.70 2,290,597
The Company shall issue a news release when the shares are issued and the debt extinguished.
TSX-X ________________________________________
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