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Canadian Palladium Announces C$3.5 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Canadian Palladium Resources Inc. (formerly 21C Metals Inc.) (CSE: BULL) (OTCQB: DCNNF) (FSE:
About this update from Quest Critical Metals Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Canadian Palladium Resources Inc. (formerly 21C Metals Inc.) (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the \"Company\") has arranged for a non-brokered placement of units at a price of $0.12 per unit (each, a \"Unit\") for gross proceeds of up to $3.5 million. 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 purposes. 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 CEOT: (604) 639-4455 Reader Advisory This news release contains certain \"forward-looking information\" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as \"plan\", \"expect\", \"project\", \"intend\", \"believe\", \"anticipate\", \"estimate\" and other similar words, or statements that certain events or conditions \"may\" or \"will\" occur. In particular, forward-looking information in this press release includes, but is not limited to, statements with respect to the proposed timing and completion of the private placement and the proposed use of proceeds from the private placement. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forw...