North American Palladium Ltd.

North American Palladium Ltd.

March 15, 2010 12:07 ET

North American Palladium Added to S&P/TSX Global Mining Index

TORONTO, ONTARIO--(Marketwire - March 15, 2010) - North American Palladium Ltd. ("NAP" or "the Company") (TSX:PDL)(NYSE Amex:PAL) is pleased to announce that the Company has been added to the S&P/TSX Global Mining Index, effective at the open of markets on Monday, March 22, 2010.

The S&P/TSX Global Mining Index is an investable index that provides investors with a broadly representative benchmark for global mining portfolios. Comprised of the world's leading mining issuers with holdings and projects all over the globe, the index offers diverse geographic exposure to mining companies and broad-based exposure to metals and minerals.

"Being added to the S&P/TSX Global Mining Index is an important development for North American Palladium," said William J. Biggar, NAP's president and chief executive officer. "We look forward to the increased visibility that inclusion in this prestigious index brings for potential new investors."

About North American Palladium
NAP is a Canadian precious metals company focused on the production of palladium and gold in mining friendly jurisdictions. Lac des Iles, the Company's flagship mine, is one of North America's two primary palladium producers. Located approximately 85 kilometres northwest of Thunder Bay, Ontario, Lac des Iles has produced palladium since 1993. NAP also owns and operates the Sleeping Giant gold mine located in the prolific Abitibi region of Quebec. The Company has extensive landholdings adjacent to both the Lac des Iles and Sleeping Giant mines, and is pursuing an aggressive exploration program aimed at increasing its reserves and resources in those areas. NAP trades on the NYSE Amex under the symbol PAL and on the TSX under the symbol PDL.

Contact Information

  • North American Palladium Ltd.
    Camilla Bartosiewicz
    Manager, Investor Relations and Corporate Communications
    416-360-7971 Ext. 226