Palladium Market Is Expected To Continue To Be Bullish As Demand Grows for Automakers
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PALM BEACH, Fla., May 5, 2021 /PRNewswire/ Palladium is one of the four metals in the precious metals group. It is considered as both a commodity – which makes it a risk asset, hence the bullish momentum during the global economic rebound in summer last year – and a safe haven. It is a rare commodity; 30 times rarer than gold and more precious than all the other precious metals, which makes it a safe haven in times of uncertainty, and it has indeed been acting as such in recent times. It has benefited from both of these statuses during the past year, in very uncertain markets that have been behaving unusually, so it is expected to continue to be bullish in 2021. Both palladium and platinum are mainly used in autocatalytic converters, to reduce harmful exhaust emissions. Palladium is used in engines that run on g
Canadian Palladium Resources Inc : Canadian Palladium s Drill Program Bridges Valhalla and Garden Zones to Define over 2 5 km Strike Length of Palladium Mineralization at East Bull Deposit
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Press Release - MINING COM
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Canadian Palladium Resources Inc.: Canadian Palladium Closes $1.05 Million Flow-Through Private Placement
Canadian Palladium Resources Inc.
(CSE: BULL) (FSE: DCR1) (OTCQB: DCNNF)
( Canadian Palladium or the Company ) is pleased to announce that it has arranged for and closed a non-brokered private placement raising aggregate gross proceeds of $1,050,000 through 5,000,001 units (the
Units ) of the Company at a price of $0.21 per Unit.
Each Unit consists of one flow-through common share of the Company (a
FT Share ) and one-half of one non-flow-through common share purchase warrant (a
Warrant ). Each whole Warrant shall entitle the holder thereof to acquire one non-flow-through common share at a price of $0.30 for a period of 12 months following the closing date.