TORONTO, ONTARIO--(Marketwired - April 30, 2013) - North American palladium Ltd. ("NAP" or the "Company") (TSX:PDL)(NYSE MKT:PAL) announced today that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two leading independent proxy advisory firms, have recommended to their respective institutional clients that they vote in favour of all the resolutions to be considered at NAP's annual and special meeting of shareholders to be held on May 9, 2013 in Toronto.
ISS and Glass Lewis are recognized as leading independent proxy and corporate governance advisory firms whose recommendations are relied upon by many major institutional investment firms, mutual and pension funds and other institutional shareholders throughout North America.
Shareholders are encouraged to submit their proxies in support of the proposed resolutions prior to the May 7, 2013, 10:30 a.m. ET proxy vote deadline. Shareholders who have questions or require assistance voting their shares should contact the Company's proxy solicitor, Phoenix Advisory Partners, LLC, toll-free at 1-800-845-1507.
About North American palladium
NAP is an established precious metals producer that has been operating its flagship Lac des Iles mine (LDI) located in Ontario, Canada since 1993. LDI is one of only two primary producers of palladium in the world, and is currently undergoing a major expansion to increase production and reduce cash costs per ounce. NAP operates with the vision of becoming a low cost mid-tier precious metals producer. The Company's shares trade on the NYSE MKT under the symbol PAL and on the TSX under the symbol PDL.
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : PDL.TO |
ISIN : CA6569121024 |
CUSIP : 656912102 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
North American Palladium is a palladium producing company based in Canada. North American Palladium produces palladium, copper, gold, nickel and platinum in Canada, develops copper, gold, palladium and platinum in Finland, and holds various exploration projects in Canada. Its main assets in production are LAC DES ILES and SLEEPING GIANT PROPERTY in Canada, its main asset in development is ARCTIC (SUHANKO) in Finland and its main exploration properties are TIB LAKE, DISCOVERY PROJECT, SHEBANDOWAN - BAND-ORE and ROARING RIVER in Canada. North American Palladium is listed in Canada and in United States of America. Its market capitalisation is 936.0 millions as of today (US$ 711.3 millions, € 638.1 millions). Its stock quote reached its highest recent level on June 01, 2012 at 996.00, and its lowest recent point on December 26, 2014 at 0.16. North American Palladium has 47 442 200 shares outstanding. |