Could PDN be looking for expansion – you bet.
Extract from PDN’s announcement earlier this month.
Paladin intends to use the funds raised to:
• provide Paladin with the financial capacity to advance M&A and inorganic growth opportunities;
• progress the Langer Heinrich Stage 3 project (recently approved by the Board);
• expand exploration and pre-development programs in Australia; and
• enhance Paladin’s balance sheet flexibility to ensure Paladin remains well placed to take advantage of other international nuclear industry opportunities as they arise.
possible buyout, page-2
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