GT RESOURCES INC. — Capital/Financing Update 2021

Jan 5, 2021

NOTICE DECLARING INTENTION TO BE QUALIFIED UNDER NATIONAL INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS ("NI 44-101")

January 5, 2021

To: British Columbia Securities Commission, as notice regulator Alberta Securities Commission

Palladium One Mining Inc. (the " Issuer ") intends to be qualified to file a short form prospectus under NI 44-101. The Issuer acknowledges that it must satisfy all applicable qualification criteria prior to filing a preliminary short form prospectus. This notice does not evidence the Issuer's intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. This notice will remain in effect until withdrawn by the Issuer.

PALLADIUM ONE MINING INC.

Per: “ Derrick Weyrauch ” Name: Derrick Weyrauch Title: President, CEO and Director