Hedge Funds
North American Palladium Announces Extension of Credit Facility and US$25 Million Debt Financing from Brookfield North American Palladium Ltd. (“NAP” or the “Company”) (TSX:PDL)(OTC PINK:PALDF) today announced financings to fund working capital and capital expenditures for the Company’s Lac des Iles palladium mine (“LDI”) in northern Ontario. Extension of the existing operating credit facility with The Bank of Nova Scotia until November 30, 2017; and Closing of a US$25 million secured term loan from Brookfield Capital Partners Ltd. (“Brookfield”), the private equity group of Brookfield Asset Management Inc. “We appreciate the confidence that both The Bank of Nova Scotia and...