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PDN Paladin Energy Ltd

7.90
0.11 (1.41%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Paladin Energy Ltd TSX:PDN Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.11 1.41% 7.90 7.81 7.92 8.03 7.87 7.95 99,886 21:12:33

Paladin Energy Ltd: Sale of Minority Interest in Langer Heinrich

30/06/2014 11:33am

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Paladin Energy Ltd: Sale of Minority Interest in Langer Heinrich

PERTH, WESTERN AUSTRALIA--(Marketwired - Jun 30, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") is pleased to advise that China Uranium Corporation Limited (a subsidiary of China National Nuclear Corporation - CNNC) has today notified the Company that it has received all required regulatory approvals and has satisfied the conditions precedent for the completion of the US$190M purchase of the 25% joint venture interest in the Langer Heinrich Mine in Namibia.

Settlement will take place on July 23, 2014 and a high level CNNC delegation will be in attendance in Perth for the signing/settlement ceremony. The company nominated by China Uranium Corporation Limited as the party to the transaction is CNNC Overseas Uranium Holding Limited.

ACN 061 681 098

Paladin Energy LtdJohn BorshoffManaging Director/CEOTel: +61-8-9381-4366Mobile: +61-419-912-571john.borshoff@paladinenergy.com.auPaladin Energy LtdGreg TaylorInvestor RelationsTel: +1 905 337-7673Mobile: +1 416-605-5120 (Toronto)greg.taylor@paladinenergy.com.au

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