Palladium One Announces Exercise of Anti-Dilution Right by Strategic Shareholder
The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 (the "Financing").
- The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 (the "Financing").
- Following the Financing, Glencore holds approximately 9.99% of the Company's equity on a partially diluted basis.
- All Common Shares issued under the Financing are subject to a four-month hold period from the closing date.
- No fees were paid in connection with Glencore's investment.