Paladin Energy Ltd (AU:PDN) has released an update.
Paladin Energy Limited has received clearance under the Canadian Competition Act for its acquisition of Fission Uranium, a transaction that will result in the creation of a significant global uranium producer. The company has satisfied a key condition for the acquisition, which involves Paladin acquiring all issued and outstanding shares of Fission in exchange for Paladin shares. This strategic move will combine production, development, and exploration assets listed both on the Australian and Toronto Stock Exchanges.
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