Canadian Palladium Resources Inc. (CNSX:BULL) announced a non brokered private placement of 5,000,001 units at a price of CAD 0.21 per unit for gross proceeds of CAD 1,050,000 on December 21, 2020. Each unit consists of one flow-through common share and one-half of one non-flow-through common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one non-flow-through common share at a price of CAD 0.30 for a period of 12 months following the closing date. The company has paid cash commissions of CAD 73,500 and issued an aggregate of 349,998 finder's fee warrants to eligible parties. Each finder's fee warrant shall entitle the holder thereof to acquire one common share at a price of CAD 0.30 for a period of 12 months. The securities issued under this private placement are subject to a hold period and may not be traded until April 22, 2021