Palladium One Mining Completes Debt Settlement
TSX-V: PDM
Palladium One Mining Completes Debt Settlement
May 15, 2019 – Vancouver, B ritish Columbia – Palladium One Mining Inc. (TSX-V: PDM) (the
"Company" or “Palladium One ”) today announced that it has completed its previously announced
shares for debt settlement with certain creditors after being granted approval by the TSX Venture
Exchange.
Pursuant to the Shares for Debt Settlement, the Company has issued a total of 925,072 common shares of
Palladium One Mining Inc. at a deemed price of $0. 11 per share in satisfaction of outstanding debt of
$101,757.91. The common shares issued pursuant to the Shares for Debt Settlement are subject to a four
month and one day hold period expiring on September 14th, 2019.
About Palladium One:
Palladium One Mining Inc. is a PGE, nickel, copper exploration and development company. Its assets
consist of the Lantinen Koillismaa (“LK”) PGE-Ni -Cu project, located in north-central Finland and the
Tyko Ni-Cu-PGE property, near Marathon, Ontario, Canada.
ON BEHALF OF THE BOARD:
“Derrick Weyrauch”
Interim President & CEO, Director
For further information contact:
Derrick Weyrauch
Phone: 1-778-327-5799
Fax: 778-327-6675
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 ou r 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 associ ated with project
development; the need for additional financing; operational risks associated with mining and mineral
processing; fluctuations in gold and other commodity prices; title matters; 6 environmental liability
claims and insurance; reliance on k ey personnel; the absence of dividends; competition; dilution; the
volatility of our common share price and volume; and tax consequences to U.S. Shareholders. 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.