North American Palladium adds to SP/TSX Composite Index

Gold  |  2011-03-15 08:59:52   |   By

orth American Palladium Ltd. (TSX:PDL)(NYSE Amex:PAL) has announced that the Company has been added to the S&P/TSX Composite Index, effective at the open on Monday

TORONTO (Scrap Monster): North American Palladium Ltd. (TSX:PDL)(NYSE Amex:PAL) has announced that the Company has been added to the S&P/TSX Composite Index, effective at the open on Monday, March 21, 2011.

'NAP's inclusion in the S&P/TSX Composite Index marks a significant milestone for the Company, reflecting our progress that has allowed us to increase the Company's market capitalization and liquidity,' said William J. Biggar, President and Chief Executive Officer. 'We look forward to the broader participation in NAP, particularly by index funds, and the increased visibility that inclusion in this prestigious index brings for investors.'

The S&P/TSX Composite is the headline index for the Canadian equity market and is the basis for multiple sub-indices. Comprised of leading issuers, the index is the broadest in the S&P/TSX family. In addition to being included in the S&P/TSX Composite Index, NAP is also included in the S&P/TSX Global Mining Index and the S&P/TSX SmallCap Index

(Marketwire)