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Paladin Energy Acquires Fission Uranium, Expands Operations

Paladin Energy Acquires Fission Uranium, Expands Operations

Paladin Energy Ltd (AU:PDN) has released an update.

Paladin Energy Ltd has successfully acquired Fission Uranium Corp, gaining full ownership of Fission’s shares. This strategic move will result in former Fission shareholders owning around 24% of Paladin shares, which are set to begin trading on the Toronto Stock Exchange. Paladin plans to integrate Fission’s management into its operations, with a focus on optimizing and advancing the Patterson Lake South project.

For further insights into AU:PDN stock, check out TipRanks’ Stock Analysis page.

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