Polymet Mining Corp.

1.97

Canada & Ontario Toronto

100 King Street West, Suite 5700

+1 416 915-4149

www.polymetmining.com

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Company Press Releases

PolyMet Mining reports results for period ended March 31, 2023

St. Paul, Minnesota--(Newsfile Corp. - May 11, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") today reports its financial results for the period ended March 31, 2023 and provides a business update.The company achieved three major milestones during the period:Closed on the joint venture agreement (the "Joint Venture") with Teck Resources Limited ("Teck"). Under the Joint Venture, named NewRange Copper Nickel LLC ("NewRange Copper Nickel"), the NorthMet and Mesaba deposits containing high-demand copper, nickel, cobalt and platinum group metals (PGM...

PolyMet closes successful rights offering

St. Paul, Minnesota--(Newsfile Corp. - April 10, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") announces the successful completion of its rights offering, which expired at 5:00 p.m. (Toronto time) on April 4, 2023. The company issued the full allotment of 92,606,635 common shares pursuant to the rights offering for gross proceeds of approximately US$195 million. The proceeds of the rights offering and standby commitment have been used to repay all of PolyMet's unsecured and secured and convertible debt owed to Glencore AG ("Glencore") and costs rela...

PolyMet announces preliminary results for rights offering

St. Paul, Minnesota--(Newsfile Corp. - April 5, 2023) - PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM) ("PolyMet" or the "company") today announced preliminary results that indicate successful conclusion of its approximately US$195 million rights offering following the expiration of the subscription period, at 5:00 p.m. (Toronto time) on April 4, 2023. The company intends to use the net proceeds of the rights offering and standby commitment for: (a) repayment of costs related to the rights offering and repayment of all of its unsecured and secured and convertible debt owed to Glenco...

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