Uranium One Acquires Investment in Paladin
VANCOUVER and JOHANNESBURG, April 30 /CNW/ - Uranium One Inc. ("Uranium One" or the "Company") today confirmed that it has acquired an investment in ordinary shares of Paladin Energy Ltd. ("Paladin"). The share purchases were made through Uranium One's 100% owned Luxembourg-based subsidiary Cheetah Resources SARL.
The shares of Paladin were purchased for investment purposes. Uranium One continually reviews its investment alternatives and may, from time to time, acquire additional shares or dispose of its holdings of shares in Paladin.
About Uranium One
Uranium One is one of the world's largest publicly traded uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States and Australia.
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