|By Marketwired .||
|March 4, 2014 05:30 PM EST||
TORONTO, ONTARIO -- (Marketwired) -- 03/04/14 -- North American Palladium Ltd. ("NAP" or the "Company") (TSX: PDL)(NYSE MKT: PAL) has amended the date for the previously announced special meeting of shareholders in connection with its public offering of 7.5% convertible unsecured subordinated debentures and associated warrants. The meeting will now take place on Friday, March 28, 2014 at 9:00 a.m. (Toronto time) at the offices of Stikeman Elliott LLP at Commerce Court West, Suite 5300, 199 Bay Street, Toronto, Ontario, Canada. The record date for shareholders entitled to vote at the meeting remains February 18, 2014.
The resolutions to be voted on at the meeting are:
-- the approval of the exercise of the warrants associated with the $32 million first tranche offering of convertible debentures; -- the approval of the second tranche offering of up to $43 million of convertible debentures and associated warrants; -- the approval of an alternative offering in the event that the second tranche offering is delayed or abandoned; and -- any other business that may properly be brought before the meeting and which may be put to a vote.
A full description of the resolutions will be contained in the management information circular which is expected to be mailed to non-objecting beneficial owners of shares and available at www.sedar.com on or about March 7, 2014.
Update on Tranche 1
As of February 28, 2014, $29.7 million of the $32 million first tranche offering of convertible debentures had been converted into approximately 71.4 million common shares pursuant to the conversion and make-whole provisions of the convertible debentures.
About North American Palladium
NAP is an established precious metals producer that has been operating its Lac des Iles mine ("LDI") located in Ontario, Canada since 1993. LDI is one of only two primary producers of palladium in the world, offering investors leverage to the rising price of palladium. The Company's shares trade on the NYSE MKT under the symbol PAL and on the TSX under the symbol PDL.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
Jul. 7, 2015 03:45 AM EDT Reads: 2,834
Jul. 7, 2015 02:00 AM EDT Reads: 1,249
Jul. 7, 2015 01:15 AM EDT Reads: 874
Jul. 6, 2015 11:00 PM EDT Reads: 1,926
Jul. 6, 2015 07:45 PM EDT Reads: 1,619
Jul. 6, 2015 07:45 PM EDT Reads: 1,908
Jul. 6, 2015 07:00 PM EDT Reads: 1,152
Jul. 6, 2015 06:15 PM EDT Reads: 1,972
Jul. 6, 2015 05:30 PM EDT Reads: 1,195
Jul. 6, 2015 05:00 PM EDT Reads: 2,166
Jul. 6, 2015 05:00 PM EDT Reads: 1,983
Jul. 6, 2015 04:30 PM EDT Reads: 708
Jul. 6, 2015 04:15 PM EDT Reads: 1,578
Jul. 6, 2015 03:45 PM EDT Reads: 1,772
Jul. 6, 2015 03:00 PM EDT Reads: 1,815