Canadian Palladium Resources Inc. (CNSX:BULL) announced a non-brokered private placement of 29,166,667 units at a price of CAD 0.12 per unit for gross proceeds of CAD 3,500,000 on January 20, 2020. Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant can be exercised to acquire one common share at a price of CAD 0.18 per share until 12 months from the date of closing. In connection with this transaction, finder's fees may be issuable to qualified parties in accordance with the policies of the Canadian Securities Exchange. All of the securities to be issued under the transaction will be subject to a four-month resale restriction.