North American Palladium Files Final Base Shelf Prospectus

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
45
North American Palladium Files Final Base Shelf Prospectus

//THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES//

TORONTO, April 01, 2019 (GLOBE NEWSWIRE) -- North American Palladium Ltd. (" NAP " or the " Company ") (TSX: PDL ) (OTC PINK:PALDF) today announced that it has filed a final short form base shelf prospectus (the “ Prospectus ”) to provide the Company with the flexibility to take advantage of financing opportunities, if and when needed, assuming debt or equity market conditions are favourable during the 25-month period that the Prospectus remains effective (the “ Effective Period ”).

The Prospectus has been filed in each of the provinces and territories in Canada. These filings, enable offerings of up to $500 million of common shares (treasury and/or secondary), senior and subordinated debt securities, including debt securities convertible or exchangeable into other securities of NAP, subscription receipts, warrants, share purchase contracts, and units comprised of one or more of the securities hereof (collectively, the “ Securities ”) at any time during the Effective Period.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under securities laws of any such jurisdiction.

If any Securities are offered under the Prospectus, the terms of any such Securities and the intended use of the net proceeds resulting from such offering would be established at the time of any offering and would be described in a prospectus supplement filed with the applicable Canadian securities regulatory authorities at the time of such offering and would be made available by NAP.

Cautionary Statement on Forward-Looking Information

Certain information contained in this news release constitutes 'forward-looking statements' and ‘forward-looking information’ within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. The words 'target', 'plan', 'should', 'could', 'estimate', 'guidance', and similar expressions identify forward-looking statements. Forward-looking statements in this news release include, without limitation, statements relating to the use of proceeds of the Offering. Forward-looking statements involve known and unknown risk factors that may cause the actual results to be materially different from those expressed or implied by the forward-looking statements. For more details on these and other risk factors see the Company's most recent management’s discussion and analysis and the Company’s annual information form on file with Canadian securities regulatory authorities on SEDAR at www.sedar.com under the heading “Risk Factors”.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The forward-looking statements are not guarantees of future performance. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except as expressly required by law. Readers are cautioned not to put undue reliance on these forward-looking statements.

No securities regulatory authority has either approved or disapproved of the contents of this news release.

About North American Palladium Ltd.

North American Palladium (TSX: PDL) (OTC PINK: PALDF) is a Canadian company with more than 25 years of production at the Lac des Iles Mine in a low-risk jurisdiction northwest of Thunder Bay, Ontario. North American Palladium is the world’s only pure play palladium producer. With over 700 employees, the Lac des Iles Mine features a unique, world-class ore body and modern infrastructure, including both an underground mine and surface operations.

For further information, please contact:

North American Palladium Investor Relations at 416-360-7374 or ir@nap.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Gilbert Welcomes Luxury Florals: French Florist Expands

Updated Category News Views 25

A Fresh Bloom in Gilbert: French Florist Steps In Toss aside your preconceived notions of what a florist shop should be. When French Florist sets up shop, it's not just about selling flowers—they’re a game-changer in the floral industry. As of November 4, they've stamped their luxury mark in Gilbert, Arizona, courtesy of Ronny and Nicole Record, who aren’t your...

Continue Reading
Gildan Activewear Faces Securities Fraud Lawsuit: Key Actions

Updated Category News Views 91

Investors Reeling from Gildan's Stock Plunge Here we go again, folks. Gildan Activewear is making headlines, and not for reasons any stockholder wants to see. The company's embroiled in a securities fraud class action lawsuit, and if you're holding onto any NYSE:GIL shares, it's time to pay attention. This isn't some minor hiccup, either; there's heavy accusations on the...

Continue Reading
Accro's Vitiligo Trial Moves Fast with Fosun's Boost

Updated Category News Views 88

Launching into Vitiligo Treatment Trials I'll tell you, the biotech world isn't for the faint-hearted, especially when you're juggling hefty terms like 'TYK2/JAK1'. But here we are, watching Accro Bioscience and Fosun Pharma dive headlong into the vitiligo space with this Phase II/III trial of AC-201. They've bagged the IND clearance, and now the first patient is in the...

Continue Reading
Braemar's $358 Million Refinance: A Strategic Shift

Updated Category News Views 67

Reworking the Debt Load: Braemar's New Move Most days, when a company decides to tinker with its debt, it's like watching paint dry for investors. But with Braemar Hotels & Resorts (NYSE: BHR) announcing a $358 million refinancing package, they're bringing a fresh breath of air to the table. Lemme walk you through why this matters beyond the glossy façade of luxury hotel...

Continue Reading
Munters Updates Financial Targets Amid Growth Plans

Updated Category News Views 44

Munters' Bold New Targets and Strategic Moves Ever feel like you're on a constant treadmill chasing numbers? Munters Group knows the feeling. Over in Stockholm, they've just laid out fresh strategies at their Capital Markets Day—not just any pie-in-the-sky type goals, but heavy hitters that are setting the tone for their future. CEO Stefan Aspman is all geared up,...

Continue Reading
Iconic Brands Falter in New AI-Driven Consumer Landscape

Updated Category News Views 105

Forget Recognition—It's All About Relevance Now Brand hearts are breaking, folks. That classic suite of household names just took a body blow from the Consequential Brand™ Test. Out of 73, a single champ emerged. Why? Because in the age where AI drives recommendations, it turns out recognizability ain't cutting it. This ain't your granddad’s customer loyalty game...

Continue Reading
Illinois's Able UP Redefines Disability Savings

Updated Category News Views 57

A New Chapter for Disability Savings in Illinois Forget the PR gloss, folks—this is about putting more green in the pockets of folks who really need it. Illinois Treasurer Michael Frerichs is giving the state's disability savings program a serious makeover, rebranding it as Able UP and slicing the fees like a seasoned chef with a bad attitude. More Than Just a Name...

Continue Reading
Shanghai Biennale: LOUDER Brings Culture to Forefront

Updated Category News Views 77

Shanghai and the Cultural Pulse of 2027 The 16th Shanghai Biennale is making some noise, and it's got a fitting title to match: LOUDER. Set to take the stage in November 2027, hosted by the Power Station of Art and curated by Ferran Barenblit, it's all about the soundtrack and visual kaleidoscope of our lives—a reminder that we're not just consumers of culture but...

Continue Reading
Full Sail's Reach Expands with Film School Honor

Updated Category News Views 110

Full Sail's Cinematic Spotlight Moment Alright, folks, you're hearing it right: Full Sail University's caught the spotlight in TheWrap Magazine's annual who's-who of film schools for 2026. That's a pat on the back any educational institution would kill for, highlighting that Full Sail is playing with the big boys when it comes to film education. Beyond Classic Classroom...

Continue Reading
Covalus Honors Veterans Day, Embraces Core Values

Updated Category News Views 66

Veteran-Owned Covalus Celebrates Its Legacy Pride runs deep at Covalus this Veterans Day, as they stop to honor the backbone of their operation — the United States veterans who walk their halls and shape their ethos. It's not just about laying wreaths or giving speeches. It's about living principles that resonate with their military DNA: service, integrity, leadership,...

Continue Reading

Top 5 Most Recently Viewed Articles

Anticipating Earnings Reports on December 25, 2025

Updated Category News Views 197

Exciting Earnings Announcements Ahead The upcoming earnings season is always a time of anticipation for investors and analysts alike. As we approach December 25, 2025, many are eager to know which companies will be presenting their financial results. While the exact list of companies has yet to be finalized, we expect a blend of major firms across various sectors....

Continue Reading
Dentsply Sirona Plans Investor Call to Discuss Financial Results

Updated Category News Views 129

Dentsply Sirona Investor Conference Call Announcement Dentsply Sirona Inc., known as the leading name in dental innovation, is preparing to host an investor conference call that promises to provide valuable insights into its financial performance. Scheduled for February 27, 2025, at 8:30 AM ET, this call will focus on the company's results for the fourth quarter and the...

Continue Reading
Mohegan Sun Arena's $30M Overhaul Elevates Experiences

Updated Category News Views 204

Mohegan Sun Aims for New Heights with Major Overhaul Tuck into this: Mohegan Sun Arena, that entertainment juggernaut nestled in Montville, is gearing up for a massive $30 million facelift. You're talking all-new seating, cutting-edge concessions, and premium hospitality that puts other venues to shame. Over Two Decades of Entertainment Excellence This isn’t just...

Continue Reading
Celebrating the Grand Opening of China's Pavilion at Expo 2025

Updated Category News Views 580

The Grand Opening of the China Pavilion at Expo 2025 On a notable day, the Expo 2025 Osaka witnessed a significant event—the grand opening of the China Pavilion. This event brought together notable figures from political and business sectors, who gathered to celebrate a symbol of cooperation between two nations. More than just an architectural achievement, the pavilion...

Continue Reading
Belden Unveils Advanced M12 Push Pull Connectors for Efficiency

Updated Category News Views 80

Belden Unveils New M12 Push Pull Connectors Belden, a well-known global provider of network infrastructure and digitization solutions, has just announced an exciting new product: the Lumberg Automation M12 Inner Push Pull Connectors. These connectors adhere to the International Electrotechnical Commission's (IEC) standard 61076-2-010. Enhancing Connectivity in Tough...

Continue Reading