North American Palladium Files Final Base Shelf Prospectus

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
1,740
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

PACS Group Faces Legal Scrutiny: What to Watch

Updated Category News Views 4

PACS Group: Legal Storm Brewing Welcome to the latest saga in the volatile theater of corporate governance. PACS Group, Inc., ticker symbol NYSE:PACS, is under the microscope, and not for debuting a groundbreaking product or hitting a stock milestone. Nope, instead we've got Halper Sadeh LLC out of New York investigating some possible hanky-panky from PACS directors and...

Continue Reading
Cut Winter Heating Costs with Townsend's Rebate Help

Updated Category News Views 5

Unseen Perils of Winter Heating in Massachusetts Massachusetts homeowners, listen up. If your heating system is older than the Model T, it's time to rethink your winter strategy. You don't want to be stuck in the cold when the thermometer hits single digits, do you? That's where Townsend comes in, making waves with their rebate assistance program. Navigating the Rebate...

Continue Reading
Endurance Energy's Modular Tech Revs Up Southeast Asia

Updated Category News Views 3

Modular Solutions Steal the Show in Bangkok When a company draws 59,468 attendees from over 150 countries, folks pay attention—and that was exactly the scene at Gastech 2026 in Bangkok. The name buzzing on many lips? Endurance Energy. These guys showcased a fresh take on energy logistics with their skid-mounted liquefaction tech, turning heads with their Southeast Asia...

Continue Reading
HONA Faces Legal Heat: Investor Lawsuit Over Losses

Updated Category News Views 6

The Investor Storm Brewing Over Honeywell Aerospace There it is again, another industry heavyweight caught in a dizzying whirlwind of litigation. Honeywell Aerospace Inc. (NASDAQ:HONA), a name as established as an old boot in the business, now faces a class action lawsuit that's got investors frantically dusting off phone numbers for their attorneys. The Messy Allegations...

Continue Reading
Timur Turlov Leads FIDE with Chess and Digital Focus

Updated Category News Views 5

An Unpredicted Victory in Samarkand Well, color me surprised. Timur Turlov's made waves by clinching the role of FIDE President at the General Assembly in Samarkand. This one's quite the turn for the chess world—Kazakhstan’s own stepping up to run the whole show. This isn't just some ceremonial post either. Turlov, who's been pulling strings over at the Kazakhstan...

Continue Reading
AST SpaceMobile Faces Class Action Over Misstatements

Updated Category News Views 3

What's Going On with AST SpaceMobile? Kicking off with a heavy hitter here, folks. AST SpaceMobile, Inc., trading under NASDAQ:ASTS, is under a securities fraud spotlight. We're talking allegations piled higher than a morning stack of pancakes. If you picked up any ASTS shares between March 4, 2025, and July 15, 2026, you're in on this rough ride. There's a class action...

Continue Reading
Jackson Wang's Fantasy IP Hits Hong Kong Stage

Updated Category News Views 5

A Star-Studded Fantasy Comes Alive Hong Kong isn't just about dim sum and skyline views—it's a magnet for celebrity showcases, and this time, Jackson Wang's pulling the strings. The guy's ventured beyond music and idol fame, diving head-first into creative visuals with his fantasy IP, "Under the Castle" (UTC). Pairing up with Ocean Park's Halloween Fest, he's cooked up...

Continue Reading
Farm Aid 2026: A Resilient Tribute to Family Farmers

Updated Category News Views 3

Shining a Light on Essential Family Farmers Every year, thousands gather for Farm Aid to back the unsung heroes who put food on our plates. In 2026, the scene shifted to the amphitheater at Virginia Beach, where an epic lineup of music took stage not just to entertain but to underline a critical issue—family farmers are fighting for survival. These folks aren't merely...

Continue Reading
Geron Corp Faces Fiduciary Duty Investigation

Updated Category News Views 7

Spotlight on Geron's Corporate Governance: What's Happening? The heat's been turned up on Geron Corporation this week, with Halper Sadeh LLC, an investor rights law outfit, digging into whether some folks at the helm have strayed from their fiduciary duties to the shareholders. Now, if you're holding onto NASDAQ:GERN stock or thinking about diving in, it's high time to...

Continue Reading
CVS Health Under Fire: Fiduciary Duty Breach?

Updated Category News Views 2

CVS Under Regulatory Spotlight for Fiduciary Breaches You'd think by now companies would have their fiduciary ducks in a row. But here we are, with CVS Health Corporation (NYSE: CVS) catching heat from the legal eagles over at Halper Sadeh LLC. The knife’s out for some of the big wigs – apparently, there's chatter they might’ve slipped on their duty to play nice...

Continue Reading

Top 5 Most Recently Viewed Articles

SINBON Showcases Advanced Solutions at Electronica 2024

Updated Category News Views 59

SINBON Showcases Advanced Solutions at Electronica 2024 At Electronica 2024, SINBON, a leading provider of electronic interconnect design, is set to unveil groundbreaking solutions that cater to critical industries. This Taiwan-based company is driving innovation and showcasing extensive customization capabilities that aim to enhance various sectors through advanced...

Continue Reading
Key Insights for Investors on Job Data and Market Movements

Updated Category News Views 100

Fresh Jobs Data May Impact Fed's Rate Cut Decisions Investors are closely watching the upcoming release of jobs data, which is expected shortly. If the results are weaker than anticipated, the Federal Reserve may be prompted to consider significant cuts to its key interest rates in the next policy meeting. Analysts estimate that employers added around 161,000 jobs in the...

Continue Reading
Insider Moves at Chemed: A Look at Westfall's Options Exercise

Updated Category News Views 110

Changes in Chemed’s Leadership Actions Recent developments reveal that Nicholas M. Westfall, Chemed's Executive Vice President, made a significant strategic decision by exercising stock options worth around $1.56 million. This noteworthy event, detailed in a recent SEC filing, reflects his confidence in the company's future prospects. Transaction Details According to a...

Continue Reading
Codexis Welcomes Dr. Arthur Levin to Strategic Advisory Board

Updated Category News Views 321

Codexis Invites Dr. Arthur Levin to Join the Strategic Advisory Board Codexis, Inc. (NASDAQ: CDXS), a noted provider of enzymatic solutions for efficient and scalable therapeutics, has recently announced the appointment of Dr. Arthur Levin to its Strategic Advisory Board (SAB). This exciting addition heralds a new phase for Codexis as it seeks to expand its capabilities...

Continue Reading
Raytheon UK Enhances Anti-Jamming Tech for Combat Vehicles

Updated Category News Views 126

Raytheon UK's Cutting-Edge Developments in GPS Technology In the ever-evolving field of military technology, Raytheon UK is making significant strides with its next-generation Landshield Plus anti-jam antennas, designed to enhance GPS resilience specifically for combat vehicles like the CV90 Infantry Fighting Vehicles. Innovative Anti-Jamming Antennas for Modern Warfare...

Continue Reading