Palladium One Announces Name Change to GT Resources Inc.
Palladium One Announces Name Change to GT
Resources Inc.
Toronto, Ontario--(Newsfile Corp. - February 15, 2024) -
Palladium One Mining Inc. (TSXV: PDM)
(OTCQB: NKORF) (FSE: 7N11)
(the "
Company
" or "
Palladium One
") is pleased to announce that
the Company is changing its name to GT Resources Inc., effective March 4, 2024. The articles of the
Company provide the directors with the authority to change the name of the company by way of directors'
resolution. Common shareholders of the Company will automatically be adjusted and no further action is
required to be taken.
This rebrand is a better representation of the diversified investment exposure that the Company provides
investors for multiple forms of green transportation, including fully electric vehicles, hybrid electric
vehicles, electrical grid infrastructure and conventional engines. It also reflects the Company's evolution
to having a highly curated portfolio of polymetallic mineral properties that primarily target nickel and
copper exploration, and secondarily target Platinum Group Elements such as palladium and platinum.
With properties in Canada and Finland, GT Resources seeks metals that are critical to clean global
transportation.
Trading of the Company's common shares as GT Resources Inc. is expected to be effective as of the
opening of the markets on March 4, 2024.
The common shares of the Company will trade under the
ticker symbol "GT" on the TSX-V and under the new CUSIP/ISIN numbers 36254S105/CA36254S1056.
The common shares of the Company will continue to trade under the symbols "NKORF" on the OTCQB
and "7N11" on the Frankfurt exchange.
About Palladium One Mining Inc. (GT Resources Inc. as of March 4, 2024)
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially
conscious
Critical Green Transportation Metals
. A Canadian mineral exploration and development
company, Palladium One is targeting district scale, nickel - copper sulphide and platinum-group-element
(PGE) deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is
a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and
Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively.
Follow Palladium One on
,
, and at
www.palladiumoneinc.com
.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
Email:
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States
of America. The common shares of Palladium One Mining Inc. have not been and will not be
registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or an applicable exemption from registration.
Information set forth in this press release may contain forward-looking statements. Forward-looking
statements are statements that relate to future, not past events. In this context, forward-looking
statements often address a company's expected future business and financial performance, and often
contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements
that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar
expressions. Such forward-looking statements include, without limitation, statements regarding the
anticipated effective date of the name change of the Company. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause our
actual results, performance or achievements, or other future events, to be materially different from any
future results, performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, risks associated with project development; the need
for additional financing; operational risks associated with mining and mineral processing; fluctuations
in mineral and commodity prices; title matters; environmental liability claims and insurance; reliance
on key personnel; the absence of dividends; competition; dilution; the volatility of our common share
price and volume; and the impact of governmental entities. Forward-looking statements are made
based on management's beliefs, estimates and opinions on the date that statements are made and
the Company undertakes no obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change. Investors are cautioned against
attributing undue certainty to forward-looking statements.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/198011