trending Market Intelligence /marketintelligence/en/news-insights/trending/mbrnoxynzg2t99fq8pf45w2 content esgSubNav
In This List

North American Palladium raising up to C$5M for exploration

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall

Blog

Insight Weekly: Challenges for European banks; Japan's IPO slowdown; carmakers' supply woes

Blog

$100,000/t price spike triggers LME trading havoc

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains


North American Palladium raising up to C$5M for exploration

North American Palladium Ltd. said Dec. 10 that it planned to raise about C$5 million at a premium to its recent share price through a nonbrokered financing.

The palladium producer said it would issue up to 535,714 shares priced at C$14 in a flow-through private placement. In the last trading session before the miner announced the financing, its shares closed at C$11.78.

North American Palladium said proceeds would support exploration on its properties in Ontario, where it operates the Lac des Iles palladium mine.