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Warrants Alert

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Address: 200 Bay Street, Suite 2350
Royal Bank Plaza, South Tower
Toronto ON M5J 2J2
Phone: 416 360 7590
Fax: 416 360 7709
Website - http://www.nap.com

Warrant Symbol - PDL.WT.B
Number Trading - 8.7 million
Expiration Date - October 28, 2011
Cusip - 656912 13 6
Exercise Price - $6.50

Warrant Symbol - PDL.WT.A
Number Trading - 8 million
Expiration Date - September 30, 2011 (early expiration)
Cusip - 656912 12 8
Exercise Price - $4.25

Warrant Symbol - PDL.WT
Number Trading - 9,333,333
Expiration Date - December 13, 2009
Cusip - 656912 11 0
Exercise Price - $5.05 USD

Warrants called to trade news:

N.A. Palladium closes $100-million bought deal

2010-04-28 07:48 MT - News Release
North American Palladium Ltd. has completed its previously announced cross-border bought deal public offering of 20 million units at a price of $5 per unit, for total gross proceeds of $100-million.

Cormark Securities Inc. and Haywood Securities Inc. co-led the underwriting syndicate, which included Thomas Weisel Partners Canada Inc., Octagon Capital Corp., Dundee Securities Corp., GMP Securities LP, Knight Capital Markets LLC and Macquarie Capital Markets Canada Ltd.

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