Drilling at Tyko
Source: Palladium One Mining
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  • Palladium One (PDM) is pleased to announce a non-brokered private placement for gross proceeds of C$4,350,000
  • The company will issue 15,000,000 flow-through common shares at a price of $0.29 share
  • The offering is expected to close on or about December 16th
  • Palladium One Mining is a Canadian mineral exploration and development company
  • Palladium One Mining Inc. (PDM) is unchanged, trading at C$0.195 per share at 1:40 pm EST

Palladium One (PDM) is pleased to announce a non-brokered private placement for gross proceeds of C$4,350,000.

The company will issue 15,000,000 flow-through common shares at a price of $0.29 share.

Desjardins Capital Markets is acting as a finder in connection with the offering, while Sprott Capital Partners LP and Echelon Capital Markets are acting as financial advisors.

Finders’ fees will be payable in cash and common share warrants. All securities issued will be subject to a hold period of four months and one day in accordance with applicable securities laws.

The offering is expected to close on or about December 16, 2021.

Palladium One Mining is a Canadian mineral exploration and development company targeting district scale, platinum-group-element (PGE)-copper-nickel deposits. Its flagship project is the Läntinen Koillismaa (LK) Project in north-central Finland.

Palladium One Mining Inc. (PDM) is unchanged, trading at C$0.195 per share at 1:40 pm EST.

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