Paladin Energy Advances with Fission Uranium Acquisition

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

Paladin Energy Ltd has received final regulatory clearance for its acquisition of Fission Uranium Corp, marking a significant step towards creating a leading uranium producer. The merger, expected to close by January 2025, will allow Paladin to expand its international footprint and capitalize on the growing demand for nuclear energy. Upon completion, Paladin’s shares will be listed on the Toronto Stock Exchange, further enhancing its position in the global uranium market.

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