ThreeD Capital Inc. Announces Settlement of Dispute with Palisades Goldcorp Ltd., Collin Kettell, and New Found Gold Corp.

TORONTO, June 06, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that it has reached a settlement concerning a lawsuit filed by the Company and 1313366 Ontario Inc. (together, the “Plaintiffs”) against Palisades Goldcorp Ltd., Collin Kettell, and New Found Gold Corp. (“NFG” together, the “Defendants”) in the Ontario Superior Court of Justice in Toronto, Ontario. To avoid the expense, burden and uncertainty associated with litigation and to resolve the litigation completely, the parties entered into a settlement agreement, without any admission of wrongdoing.

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