Edition:
United States

North American Palladium Ltd (PDL.TO)

PDL.TO on Toronto Stock Exchange

5.40CAD
29 Jul 2016
Change (% chg)

$0.03 (+0.56%)
Prev Close
$5.37
Open
$5.37
Day's High
$5.45
Day's Low
$5.35
Volume
6,723
Avg. Vol
5,074
52-wk High
$12.00
52-wk Low
$3.85

Latest Key Developments (Source: Significant Developments)

North American Palladium Ltd Revises FY 2015 production guidance
Wednesday, 30 Sep 2015 04:05pm EDT 

North American Palladium Ltd:Revising its 2015 guidance to 160,000 to 170,000 ounces of palladium produced down from the previously announced 185,000 to 205,000 ounces.  Full Article

North American Palladium Announces Workforce Reduction
Wednesday, 30 Sep 2015 04:05pm EDT 

North American Palladium Announces Workforce Reduction:Says that as a result of weak metal prices it has taken the step to reduce its workforce at the Lac des Iles (LDI) mine by a total of 44 employees including 18 staff and 26 unionized positions.Says an additional 17 vacancies will not be filled resulting in a net reduction of 61 positions.After these reductions the site will employ a total of 422 workers.Tied to this reduction is the decision to stop blending the low grade surface stockpile with the higher grade underground ore and return to a 14 day on, 14 day off operating schedule for the mill at a planned throughput of 13,400 tonnes per day when the mill is operating.Says surface stockpile at less than one gram per tonne palladium is not economic at current prices.  Full Article

North American Palladium Ltd completes rights offering
Tuesday, 15 Sep 2015 04:00pm EDT 

North American Palladium Ltd:Completes rights offering raising gross proceeds of about C$50 mln.Says total of 8,379,613 common shares were purchased under the Rights Offering.Says upon completion of the Rights Offering, total of 58,126,526 common shares are issued and outstanding.Rights Offering, Brookfield holds about 53.5 mln common shares, representing about 92% of the issued and outstanding common shares or substantially the same ownership percentage as prior to the Rights Offering.Net proceeds of the Rights Offering will be used by NAP to fund repayment of amounts owing under the bridge loan facility with Brookfield and ongoing operations at the LDI Mine.  Full Article

North American Palladium Ltd announces management changes
Wednesday, 12 Aug 2015 02:11pm EDT 

North American Palladium Ltd:Following completion of company's restructuring plan, President and CEO Phil du Toit and CFO David Langille tendered their resignations.In their place, board has appointed Jim Gallagher, currently Chief Operating Officer, as President and Chief Executive Officer and Christine Napierala as Interim Vice President, Finance and CFO.  Full Article

North American Palladium Ltd gives FY 2015 production guidance
Thursday, 19 Feb 2015 06:00am EST 

North American Palladium Ltd:Expects FY 2015 to increase by about 12 pct to between 185,000 and 205,000 ounces, from 174,194 in FY 2014.  Full Article

North American Palladium Ltd updates on FY 2014 production guidance
Wednesday, 5 Nov 2014 07:01am EST 

North American Palladium Ltd:Expects to be at or marginally below the lower end of guidance of 170,000 payable palladium ounces for FY 2014.  Full Article

BRIEF-Groupon enters amended and restated credit agreement with J.P. Morgan Chase bank

* Groupon Inc says on June 29, 2016 co entered into an amended and restated credit agreement with J.P. Morgan Chase bank, N.A