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Palladium One Corporate Update

Corporate Updates

Palladium One Corporate Update

Toronto, Ontario--(Newsfile Corp. - December 27, 2023) -

Palladium One Mining Inc.

(

TSXV: PDM

)

(

OTCQB: NKORF

) (

FSE: 7N11

) (the "

Company

" or "

Palladium One

") is pleased to announce the

appointment of Mr. Cameron Bell, M.Sc., P.Geo to its board of directors effective immediately.

Mr. Bell spent most of his career with Inco and Vale, engaged in both greenfield and brownfield

exploration and was a Regional Manager of North America and Australasia/Oceania. Additionally, he

held senior technical and management roles at Voisey's Bay and the Sudbury Basin. Cameron brings a

deep nickel – copper – PGE exploration background including extensive experience in the Kluane

district in the Yukon where the Company's Canalask Ni-Cu project is located.

Mr. Bell completed his

MSc at the University of British Columbia and has been working as an exploration consultant focusing on

nickel, copper and lithium projects globally.

"We are thrilled to have Cameron join Palladium One as a board member and look forward to his

technical contribution to our magmatic sulphide nickel – copper exploration focus," stated Derrick

Weyrauch, President and CEO.

The Company also announces the retirement of Mr. Peter Lightfoot from its board of directors.

"We wish to thank Peter for his valuable insight and support during his term with the Company and wish

him all the best for the future," stated Derrick Weyrauch, President and CEO.

About Palladium One

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

LinkedIn

,

Twitter

, and at

www.palladiumoneinc.com

.

ON BEHALF OF THE BOARD

"Derrick Weyrauch"

President & CEO, Director

For further information contact:

Derrick Weyrauch, President & CEO

Email:

[email protected]

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. 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/192242