Mr. Derrick Weyrauch reports

PALLADIUM ONE CORPORATE UPDATE

Palladium One Mining Inc. has appointed Cameron Bell, MSc, PGeo, to its board of directors, effective immediately.

Mr. Bell spent most of his career with Inco and Vale, engaged in both greenfield and brownfield exploration and was a regional manager of North America and Australasia/Oceania. Additionally, he held senior technical and management roles at Voisey's Bay and the Sudbury basin. Mr. Bell brings a deep nickel/copper/platinum group element exploration background, including extensive experience in the Kluane district in Yukon, where the company's Canalask nickel-copper project is located. Mr. Bell completed his MSc at the University of British Columbia and has been working as an exploration consultant focusing on nickel, copper and lithium projects globally.

"We are thrilled to have Cameron join Palladium One as a board member and look forward to his technical contribution to our magmatic sulphide nickel-copper exploration focus," stated Derrick Weyrauch, president and chief executive officer.

The company also announces the retirement of Peter Lightfoot from its board of directors.

"We wish to thank Peter for his valuable insight and support during his term with the company and wish him all the best for the future," stated Derrick Weyrauch, president and chief executive officer.

About Palladium One Mining Inc.

Palladium One is focused on discovering environmentally and socially conscious critical green transportation metals. A Canadian mineral exploration and development company, Palladium One is targeting district-scale, nickel-copper sulphide and platinum group element deposits in Canada and Finland. The Lantinen Koillismaa (LK) project in north-central Finland, is a platinum group element/copper/nickel project that has existing National Instrument 43-101 mineral resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and Yukon, Canada, respectively.

We seek Safe Harbor.