PGE

Palladium One Announces Increase in Brokered Private Placement Financing from C$3 million to C$4.2 million

Retrieved on: 
Friday, December 2, 2022

TORONTO, ON, Dec 3, 2022 - (ACN Newswire) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce that it has increased the previously announced brokered private placement from $3 million to $4.2 million.

Key Points: 
  • TORONTO, ON, Dec 3, 2022 - (ACN Newswire) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce that it has increased the previously announced brokered private placement from $3 million to $4.2 million.
  • In addition, the Company's non-brokered flow-through unit financing ("FT Units") to be issued at unit price ("FT Unit Price") remains unchanged.
  • Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation.
  • A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland.

Palladium One Announces C$4.0 million Private Placement Financing

Retrieved on: 
Thursday, December 1, 2022

As compensation, the Agents will be entitled to a cash fee in an amount equal to 6% of the gross proceeds from the Offering.

Key Points: 
  • As compensation, the Agents will be entitled to a cash fee in an amount equal to 6% of the gross proceeds from the Offering.
  • Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation.
  • A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland.
  • Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.

Palladium One Reports 10.4% Nickel, 3.4% Copper over 2.3 Meters and Adds Second Drill Rig at The Tyko Project, Canada

Retrieved on: 
Tuesday, November 29, 2022

The Tyko Property hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral.

Key Points: 
  • The Tyko Property hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral.
  • Tyko Property map showing various mineralized zones and multi-line VTEM anomalies, background is Calculated Vertical Gradient Magnetics ("CVG").
  • Given the spectacular grades we added a second drill rig in November to also focus on West Pickle."
  • A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland.

PGE to increase GPP capacity in South Sumatra for NZE

Retrieved on: 
Wednesday, November 16, 2022

JAKARTA, Nov 16, 2022 - (ACN Newswire) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.

Key Points: 
  • JAKARTA, Nov 16, 2022 - (ACN Newswire) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.
  • The project site is located in the districts of Muara Enim and Ogan Komering Ulu in South Sumatra Province.
  • GPP capacity of 55 MW, which will be generated from Unit 2 of the GPP in the province, will increase PGE's total installed GPP capacity, after earlier some 55 MW generated from the Lumut Balai Unit 1 Project that became operational in 2019.
  • A total of 672 MW of geothermal capacity is operated and managed directly by PGE, and some 1,205 MW is managed under the Joint Operation Contract scenario.

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Aim to become world-class geothermal electricity producer: Pertamina

Retrieved on: 
Thursday, November 10, 2022

JAKARTA, Nov 10, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.

Key Points: 
  • JAKARTA, Nov 10, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.
  • PT Pertamina Geothermal Energi (PGE) develops geothermal energy in Ulubelu Area in Tanggamus, Lampung.
  • Therefore, Pertamina sees a great opportunity to further increase the capacity of geothermal utilization in the country to generate green electricity, he added.
  • Moreover, Pertamina will increase its geothermal capacity, which was recorded at 672 megawatts (MW) in 2020, to 1,128 MW by 2026.

Pertamina increases geothermal capacity for its emission reductions

Retrieved on: 
Wednesday, November 9, 2022

Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.

Key Points: 
  • Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.
  • That amount of geothermal capacity represents 82 percent of the total installed geothermal capacity in Indonesia.
  • "Pertamina Geothermal Energy is committed, in the next five years, to increase the installed (geothermal) capacity of 600 megawatts," he stated.
  • Apart from encouraging emission reductions through additional installed geothermal capacity, PGE also supports the rehabilitation of 588 hectares of forest areas.

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Retrieved on: 
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