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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (75311)1/21/2020 6:13:24 PM
From: Goose94Read Replies (2) of 202931
 
Canadian Palladium Resources (BULL-Cse) Upsized Non-Brokered PP

Jan 21, '20 - NR

Canadian Palladium Res. has increased its proposed non-brokered private placement by $500,000. The Company now intends to raise gross proceeds of up to $4 million through the issuance of 33,333,334 units (each, a "Unit") at a price of $0.12 per Unit.

Each Unit shall consist of one common share and one common share purchase warrant exercisable at a price of $0.18 for a period of 12 months from the date of grant.

The Company intends to use the proceeds of the financing to advance its East Bull palladium project and for general working capital.

All of the securities to be issued under the private placement will be subject to a four-month resale restriction. In connection with this transaction, finder's fees may be issuable to qualified parties in accordance with the policies of the Canadian Securities Exchange.

For additional information please contact:

Canadian Palladium Resources Inc.
Wayne Tisdale, President and CEO
T: (604) 639-4455
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