Cassels Brock Represents the Underwriters in North American Palladium’s $35 Million Bought Deal of Flow Through Shares

Published: 05/14/2012

By Chad Accursi, Nancy Choi, Gregory Hogan, Christopher B. Norton

On April 30, 2012, North American Palladium Ltd. (“NAP”), a Canadian producer of palladium and gold, closed a $35 million bought deal public offering of flow-through shares at $8.25 per share. The syndicate of underwriters was co-led by Scotia Capital and RBC Capital Markets, and also included Cormark Securities, Raymond James, Macquarie Capital Markets Canada, Credit Suisse Securities (Canada), GMP Securities, Haywood Securities and Octagon Capital (together, the “Underwriters”).

Cassels Brock represented the underwriters with a team that included Chad Accursi, Greg Hogan, Nancy Choi (Mining and Securities) and Chris Norton (Corporate Tax).

NAP was represented by Norton Rose Canada LLP.