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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (682)	8/31/2000 8:22:01 PM
From: Sleeper	Read Replies (2) \| Respond to of 976

Thursday August 31, 5:47 pm Eastern Time Press Release North American Palladium Files Preliminary Prospectus For Treasury Offering THUNDER BAY, Ontario--(BUSINESS WIRE)--North American Palladium Ltd. (TSE:PDL. - news) filed a preliminary prospectus today with securities commissions for a treasury offering of common shares. The offering will be made in each province of Canada and in the United States under the provisions of the Multi-Jurisdictional Disclosure System. The underwriting syndicate is being led by BMO Nesbitt Burns Inc. and co-managed by RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc. and National Bank Financial. ``This financing will allow us to complete the funding of our C $207 million expansion project at our Lac des Iles mine'', said Keith Minty, President and CEO. North American Palladium is Canada's only primary producer of palladium and it believes that it has one of the largest palladium deposits in the world. This is liable to hurt the stock price short term but it's clearly a long term winner! Sleeper