Bullboard - Stock Discussion Forum North American Palladium Ltd (New) PALDF

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North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices... see more

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North American Palladium Ltd (New) > Hello

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Post by YoDrop on Oct 17, 2019 6:12pm

Hello

Good evening, Once the deal goes through what will happen to my/our shares? Will they automatically credit my account? What price per share will we be getting? Thank you

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Comment by crow27 on Oct 18, 2019 9:52am

Your shares will be sold at $19.74 (Impala deal) and your account will automatically be credited with no commissions. You need do nothing. It will go down that way no matter who buys PDL. Your account will be credited with in a couple of days of the closing date.

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Comment by YoDrop on Oct 18, 2019 10:13am

Thank you for your input. Now I understand the chatter on the share holders getting the shaft.

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Comment by mouserman on Oct 20, 2019 10:43am

Funny thing about this ALL CASH deal , IS... by the time the deal goes thru, a large % of the cash used by IMPLATS to buy PDL will come from PDL's own bank account, given the huge jump in Palladium spot price since the deal was announced. Brookfield only getting 16$ a share for their 81 % of PDL, is basically supplying a big amount of discount for IMPLATS as well.. Look at it this ...more

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North American Palladium Ltd (New)