Palace Resources engages in the acquisition, exploration, and development of resource properties primarily in Indonesia. It primarily explores for coal, gold, and uranium. The company has interests in a coal production license that covers 922.7 hectares and is located in West Sumatra, Indonesia.
The company changed its name to Padang Resources in November 2011, before becoming Palace once more in December 2012.
In April 2016, workforce management tech company Tikforce completed a reverse takeover of Palace.
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