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09/11/2004 - 21:00

Pan Palladium Ltd - 03-Nov-04

09/11/2004 - 21:00

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Has issued 13.1 million fully paid ordinary shares to Randgold & Exploration Company at an issue price of 55 cents and received 2,159,343 Randgold shares at an issue price of R14.70 per share.

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