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Article: Underwriters Exercise Over-Allotment Option for North American Palladium Shares.
- Article from:
- PR Newswire
- Article date:
- November 14, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Website: www.napalladium.com
Trading Symbol TSE - PDL
AMEX - PAL
TORONTO, Nov. 14 /PRNewswire/
- (TSE-PDL; AMEX-PAL) North American Palladium Ltd. today issued 1,610,840 common shares at a price of C$9.50 per share, pursuant to an over-allotment option granted to the underwriters syndicate in connection with the company's C$220 million equity financing.
As previously announced, the company issued 23,157,895 common shares at a price of $9.50 per share for gross proceeds of C$220 million. The offering was made in each of the provinces of Canada and in the United States under the provisions of the Multi-Jurisdictional ...