Stillwater Mining Co. (SWC)

[Bill de MT]

Looks like shares from the current float can transfer to Canada without having to create a seperate Canadian float (thus, dilution). That is good news.

From page 18 of TSX Dual Listing Gude, Page 18. http://www.tmx.com/en/pdf/DualListingGuide.pdf

Q. Do TSX or TSXV require a dual listed company to appoint a co-transfer agent in Canada?

A. Yes, co-transfer agents must be appointed in Canada to facilitate the movement of securities between each country’s
clearing and settlement services. Transfer agents link the clearing and settlement houses between the home market
and CDS in Canada. The transfer agent can also assist with providing generic share certificates and mailing proxy
material.