Palladium One Mining Inc. (TSXV:PDM) agreed to acquire 307 claims totalling 7,627 hectares of Tyko IIProperty Located at Ontario, Canada for CAD 0.3 million on September 11, 2023. In a related transaction, Palladium One Mining Inc. (TSXV:PDM) agreed to acquire 47 claims, totalling 994 hectares of Tyko IIProperty Located at Ontario, Canada through staking on September 11, 2023. The claim purchases include aggregate consideration of: CAD 100,000 cash, 2.3 million common shares of the Company as follows: 1.1 million common shares issued at Closing, 0.4 million shares issued 4 months from Closing, 0.4 million shares issued 8 months from Closing, and 0.4 million shares issued 12 months from Closing.

A Net Smelter Return Royalty ("NSR") in respect of 137 claims. Completion of the transaction is subject to TSX Venture Exchange approval.