31
Mar
14:51
Glencore invests in Palladium One Mining's nickel-copper projects
Palladium One Mining says it has signed a subscription agreement for a CAD 4.252 million ($3.141m) non-brokered private placement financing with a Glencore subsidiary, Kallanish reports.
In turn, Ontario-based Palladium One will issue 28.347m common shares at CAD 0.15/share. When the private placement closes, Swiss-based Glencore will own 9.99% of the issued and outstanding common shares of Palladium One on a non-diluted basis.
“We welcome Glencore as a sha…
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Anonymous
Very good overview of the weekly steel market.
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