- North American Palladium (PAL) announces a public offering of securities to be conducted in two tranches.
- The first tranche is anticipated to total $30M of 7.5% convertible unsecured subordinated debentures, while the second tranche is anticipated to total $20M-$45M of securities comprised of debentures and warrants.
- Shares halted.
North American Palladium announces proposed financing, shares halted
Jan 13 2014, 16:35 ET