PDN 12.0% $10.27 paladin energy ltd

June 24 (Reuters) - Paladin Energy Ltd (PDN) : PALADIN ENERGY...

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    June 24 (Reuters) - Paladin Energy Ltd (PDN) :

    • PALADIN ENERGY TO ACQUIRE FISSION URANIUM
    • FISSION SHAREHOLDERS WILL RECEIVE 0.1076 FULLY PAID SHARES OF PALADIN FOR EACH FISSION SHARE HELD
    • CO AND FISSION URANIUM ENTERED INTO A DEFINITIVE ARRANGEMENT AGREEMENT
    • OFFER CONSIDERATION REPRESENTS IMPLIED VALUE OF C$1.30 PER FISSION SHARE
    • OFFER CONSIDERATION REPRESENTS AN IMPLIED EQUITY VALUE OF C$1,140 MILLION
    • POST DEAL, FISSION SHAREHOLDERS WILL OWN 24.0% OF PALADIN
    • APPLIED FOR LISTING OF PALADIN SHARES ON THE TORONTO STOCK EXCHANGE
    • FISSION’S BOARD OF DIRECTORS RECOMMENDS FISSION SHAREHOLDERS VOTE IN FAVOUR OF TRANSACTION

    (([email protected];))

 
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