Paladin Energy Awaits Acquisition Approval Amid Challenges
Company Announcements

Paladin Energy Awaits Acquisition Approval Amid Challenges

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

Paladin Energy Ltd is in the process of acquiring Fission Uranium Corp, awaiting the final court order from the Supreme Court of British Columbia and a national security review under the Investment Canada Act. The completion of this arrangement faces opposition from CGN Mining Company Limited, a significant shareholder in Fission, and there is no certainty that the transaction will go through. Paladin pledges to keep the market updated on any significant changes regarding the acquisition.

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

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