Canadian Palladium Resources Inc. (BULL.V)

It could be a while before the stock can get traction. About 26 million shares became free trading about 10 days ago

2020-10-07 09:18 ET - News Release


Mr. Wayne Tisdale reports

CANADIAN PALLADIUM CLOSES $3.39 MILLION PRIVATE PLACEMENT

Canadian Palladium Resources Inc. has closed its previously announced private placement, with Eight Capital acting as agent for the company, raising aggregate gross proceeds of $3,391,170 through a combination of units and flow-through common shares of the company. The company issued a total of 13,878,000 flow-through shares at a price of 13.5 cents per flow-through share and a total 12,647,000 units at a price of 12 cents per unit, which included the exercise by Eight Capital of an overallotment option for the issuance of an additional 4,313,600 units at a price of 12 cents per unit.

Each unit consists of one non-flow-through common share of the company and one non-flow-through common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one share at a price of 18 cents for a period of 36 months following the closing date.

It seems that many junior miners are struggling since gold came down from the August highs. Palladium still up though. I guess just poor market sentiment?

pretty quite. Got to wonder what's in the pipeline?
had some good momentum. Need a kick start

Great idea, they will have to do a name change

maybe Palladium Battery Energy or Canadian Green Resources.

I have about 4 copper stocks. It is a very important metal for the green movement, maybe these millennials will flock to copper stocks at some point

Is there a way to Get this Stock posted somewhere, so we can get the volume like Gamestop / AMC

That would be awesome

News
Closed Private Placement
www.newsfilecorp.com/release/70764/Canad...gh-Private-Placement

Funny, Such a small amount. only 1 Million.
Maybe somebody just wanted a position. A friend
Would like to know who this 1million buyer is

Stock still up against resistance. I think we need a 19 cent close for a break out, but bids are looking weak, compared to offers.

Flynn, I think this is a pretty good move up when you consider there is about 130 million shares outstanding. We might need volume in the 5 to 10 million range to get a better move. Hope that is around the corner

Probably computers doing a lot of it back and forth skimming the pennies

Wow, A lot of Volume. You would think with all the buying. Price should be higher>>>

Good volume so far, here is depth

More good drill results announced today has helped

Vancouver, British Columbia--(Newsfile Corp. - December 4, 2020) - Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the "Company") is pleased to provide new analytical results for five diamond drill holes EB-20-34, and EB-20-39 to EB-20-42 on the East Bull Palladium Property, 90 kilometres west of Sudbury, Ontario.

Highlights include:

- a 28.0 m intersection of 1.97 g/t Palladium Equivalent (Pd-Eq) in drill hole EB-20-40); and
- 5.0 m of 5.10 g/t Pd-Eq, also from EB-20-40.

Wayne Tisdale, Canadian Palladium's CEO, commented, "The East Bull drilling program continues to return excellent results. We are very encouraged that we now have two adjacent holes 100 m apart that contain high-grade Palladium mineralization in the western part of the Valhalla Zone. The new results in hole EB-20-40 combined with the intersection in EB-20-37 (see press release dated November 23, 2020) demonstrate the potential for a high-grade component within the wider disseminated mineralization envelope. Our drilling program continues to expand the near surface mineralization of the Valhalla Zone westward towards the Garden Zone and beyond."

Drill hole intercepts for holes EB-20-34 and EB-20-39 to EB-20-42 are reported in the following table 1. Drill hole locations are provided at the end of the release and illustrated on the accompanying map. To date all of the intercepts are shallow and within 150 m vertical depth from surface. Results do not include Rhodium for which assays are in progress and is an additional contribution to Pd-Eq at the East Bull Deposit.