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

To: Bobby Yellin who wrote (180)	1/12/1998 1:13:00 AM
From: Jason Marcotte	Respond to of 976

Management changes at PDL: FOR FURTHER INFORMATION PLEASE CONTACT: North American Palladium Ltd. Keith C. Minty President (807) 345-4479 (807) 345-7796 (FAX) NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: NORTH AMERICAN PALLADIUM LTD. TSE SYMBOL: PDL NASDAQ SYMBOL: PDLCF JANUARY 9, 1998 North American Palladium Ltd. Announces Appointment THUNDER BAY, ONTARIO--North American Palladium Ltd. ("NAP") announced today the appointment, by resolution of the Board of Directors, of Mr. Keith C. Minty as President and Director of NAP and its wholly owned subsidiary Lac des Iles Mines Ltd., to succeed Michael P. Amsden who has been acting as President on an interim basis. The Company wishes to extend its appreciation and gratitude to Mr. Amsden for his interim services and congratulates him on an excellent job. Mr. Amsden has agreed to continue as a Director of NAP. Mr. Minty is a registered Professional Mining Engineer with twenty years experience nationally and internationally in underground and open pit mining operations. He brings a wealth of experience in mine operations, engineering, project evaluations and feasibility studies, mine construction supervision, staffing, equipment selection-acquisition and start-up. Mr. Minty will be residing in Thunder Bay and will situate his office at the Lac des Iles mine-site. The Company has engaged a team of consultants with extensive experience in the mining industry to conduct a complete review of operations and to provide interim management for the Company. A search is currently being conducted for new senior operations personnel.