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Paladin Energy Ltd. — Share Issue/Capital Change 2021
Nov 16, 2021
45616_rns_2021-11-16_56212992-fbe3-42f1-8644-92c3c28411b1.pdf
Share Issue/Capital Change
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ASX Announcement
17 November 2021
Securities Released from Voluntary Escrow
Paladin Energy Ltd (ASX:PDN OTCQX: PALAF) ( Paladin ) advises that, in accordance with ASX Listing Rule 3.10A, the following Paladin securities will be released from voluntary escrow:
| Number of shares | Class | Release Date |
|---|---|---|
| 14,250,000 | Ordinary Shares | 7 December 2021 |
This announcement has been authorised for release by the Company Secretary of Paladin Energy Ltd.
For further information contact: Jeremy Ryan Company Secretary P: +61 8 9423 8100 E: [email protected]
About Paladin
Paladin Energy Limited (ASX: PDN OTCQX:PALAF) is an Australian listed uranium company focused on maximising the value of its 75% stake in the Langer Heinrich Uranium Mine in Namibia.
Langer Heinrich is a globally significant, long-life operation, having already produced over 43Mlb U3O8 to date. Operations at Langer Heinrich were suspended in 2018 due to low uranium prices.
Beyond Langer Heinrich, the Company also owns a large global portfolio of uranium exploration and development assets. Nuclear power remains a cost-effective, low carbon option for electricity generation.