Pan Palladium Ltd - 22-Jul-04
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Tuesday, 27 July, 2004 - 22:00
Has entered into an agreement to place 13.1 million fully paid ordinary shares to Randgold & Exploration Company Limited at 55 cents per share. In consideration for the issue the Company will receive 2,159,343 Randgold shares at an issue price of R14.70 a share.