Palladium One Mining Inc. is pleased to provide an exploration update for the Canalask Nickel - Copper Project, in Yukon, Canada. Highlights A Class 1 Exploration Permit has been received. The 2023 Field exploration program has begun. A high-resolution ground based Electromagentic survey is planned to take place this summer. Reprocessing and modelling of historical geophysical data is underway. President and CEO Derrick [...]
TORONTO, ON, July 10, 2023 - - Palladium One Mining Inc. is pleased to provide an exploration update for the Canalask Nickel - Copper Project, in Yukon, Canada.HighlightsA Class 1 Exploration Permit has been received.The 2023 Field exploration program has begun.A high-resolution ground based Electromagentic survey is planned to take place this summer.Reprocessing and modelling of historical geophysical data is [...]
Highlights The 2023 field season is under way and crew have been mobilized. The Q1 2023, 4,430-kilometer high-resolution airborne magnetic survey results have been received and structural interpretation has been completed. With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures. Palladium[...]
Highlights- The 2023 field season is under way and crew have been mobilized.- The Q1 2023, 4,430-kilometer high-resolution airborne magnetic survey results have been received and structural interpretation has been completed. With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures.TORONTO [...]
Palladium One Mining is pleased to announce that Glencore plc , a large shareholder of the Company through its wholly-owned subsidiary, has elected to exercise its pro-rata equity participation rights and has subscribed for 7,439,071 common shares in the capital of the Company . The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 . Following the Financing [...]
Palladium One Mining is pleased to announce that, in connection with the Company's recently completed acquisition of MetalCorp Ltd. by way of statutory plan of arrangement under the provisions of the Business Corporations Act, the Company intends to delist the common shares in the capital of MetalCorp from the TSXV, effective at the close of business on May 9, 2023. Palladium One Mining is focused on discovering [...]
Palladium One Mining and MetalCorp are pleased to announce the successful completion of their previously-announced statutory plan of arrangement under the provisions of the Business Corporations Act. Pursuant to the Arrangement, among other things, Palladium One acquired all of the issued and outstanding shares of MetalCorp. The Arrangement became effective at 12:01 a.m. on May 2, 2023, resulting in MetalCorp becoming a [...]
Palladium One Mining is pleased to announce that, further to PDM's news release dated March 30, 2023, it has completed a C$4,252,050 non-brokered private placement financing with a wholly-owned subsidiary of Glencore plc. Pursuant to the Private Placement, PDM issued 28,347,000 common shares at C$0.15 per Common Share. Upon completion of the Private Placement, Glencore owns approximately 9.99% of the issued and [...]
Palladium One Mining is pleased to announce that it has entered into a subscription agreement for a C$4,252,050 non-brokered private placement financing with a wholly owned subsidiary of Glencore plc . Pursuant to the Private Placement, PDM will issue 28,347,000 common shares at C$0.15 per Common Share. Upon completion of the Private Placement, Glencore will own approximately 9.99% of the issued and outstanding Common [...]
Highlights New High-Grade discovery located 3.5 kilometers southwest of the Smoke Lake Zone Multiple near surface drill intercepts of high-grade nickel - copper mineralization Including: 6.9 meters grading 1.1% Ni, 0.3% Cu Including 1.9 meters grading 2.0% Ni, 0.4% Cu 5.3 meters grading 0.7% Ni, 0.8% Cu Including 1.5 meters grading 2.0% Ni, 2.8% Cu Ember Zone is located adjacent to a greater than six kilometer long [...]
Palladium One Mining and MetalCorp are pleased to announce a definitive agreement for a business combination to be completed under a plan of arrangement. Palladium One has agreed pursuant to the Arrangement Agreement to acquire all of the issued and outstanding shares of MetalCorp by way of a statutory plan of arrangement under the Business Corporations Act. Pursuant to the Transaction, MetalCorp shareholders will [...]