GT Resources Inc

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 [...]

Highlights Wide zones of nickel-copper mineralization intersected at West Pickle Include: 0.6% Ni, 0.4% Cu, 0.01% Co, 0.08 g/t Total Precious Metals over 28.2 meters in hole TK22-114 Including 2.0% Ni, 0.6% Cu, 0.04% Co, 0.12 g/t TPM over 3.2 meters 0.43% Ni, 0.26% Cu, 0.01% Co, 0.06 g/t TPM over 27.0 meters in hole TK22-118 Including 2.0% Ni, 0.7% Cu, 0.04% Co, 0.14 g/t TPM over 1.0 meters 1.5% Ni, 0.7% Cu, 0.02% Co [...]

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 [...]

Highlights Smoke Lake infill drilling at depth returns high grades: 3.5% Ni and 1.2% Cu, and 0.8g/t Total Precious Metals over 3.4 meters in hole TK22-082 Including 5.0% Ni, 1.6% Cu, 1.2g/t TPM over 2.3 meters New mineralized Chonolith / Feeder Dyke structure discovered 3.5 kilometers northeast of the RJ Zone. Property wide Chonolith / Feeder Dyke geological model continues to be confirmed. Wide intercepts of Chonolith [...]

Highlights West Pickle mineralized strike length increased to over 600 meters, remains open to the east and west. New West Pickle Zone assay results include: 3.9% Ni, 2.5% Cu, 0.05% Co, 0.55 g/t Total Precious Metals over 2.0 meters of massive and semi-massive sulphides in hole TK-22-074 Including 8.1% Ni, 2.8% Cu, 0.11% Co, 1.05 g/t TPM over 0.9 meters Property Wide Feeder Dyke / Chonolith geological model Successful [...]