Palladium: $922.00 +5.50
PLG-NYSE MKT: $0.37 -0.01
Platinum: $935.50 -5.00
PTM-TSX: $0.46 -0.01

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Share Structure

ISSUED & OUTSTANDING:
Common Shares: 148,469,377   
Stock Options: 4,090,075
 
Fully Diluted:
152,559,452
 

Convertible Senior Subordinated Notes
On June 30, 2017 the Company issued US$20 million of 6 7/8% Convertible Senior Subordinated Notes (the “Notes”). Interest on the Notes is payable semi-annually on January 1st and July 1st of each year until maturity on July 1, 2022. Interest may be paid in cash or common shares of the Company (“Common Shares”) at a 7.5% discount to the ten day volume weighted average price of the Common Shares on the second trading day immediately preceding the payment date. The Notes are, subject to certain limitations and make-whole provisions, convertible into Common Shares at an initial conversion rate of 1,001.1112 Common Shares for each US$1,000 principal amount of Notes, which is equivalent to an initial conversion price of US$0.9989 per common share. On maturity, Note holders may elect to be repaid the principal amount in cash, or in Common Shares at a rate of 1,001.1112 Common Shares for each US$1,000 in principal amount of Notes. The Notes are traded over the counter.