March 23 (Reuters) - Paladin Energy Ltd (PDN)
- Paladin resolves to commence arbitration proceedings against CNNC Overseas Uranium Holdings
- resolved to commence arbitration proceedings against CNNC to seek orders and declarations accordingly.
- fair value determination process depends on CNNC establishing that an 'event of default' has occurred under lhm shareholders agreement
- has taken significant steps to progress restructure proposal in order to achieve successful solvent restructure
- on 9 March 2017 received notice from CNNC requesting that co commence a process to determine fair market value of co's share of LHM
News: PDN Paladin Energy resolves to arbitrate against CNNC Overseas Uranium Holdings
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