Paladin Energy Ltd (AU:PDN) has released an update.
Paladin Energy Ltd has announced plans for a significant new issuance of securities, proposing to issue a maximum of 94,659,601 ordinary fully paid shares. The proposed issue date is set for the 29th of August, 2024, marking a substantial development for the company’s stock. This move is aimed at generating new capital through a placement or other type of issue, as part of the entity’s growth strategy.
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