Paladin Energy Ltd (AU:PDN) has released an update.
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Paladin Energy Ltd has announced its intention to fully acquire Fission Uranium Corp through a statutory plan of arrangement, with the transaction entailing Paladin issuing new shares in exchange for all outstanding Fission shares. This significant move in the energy sector aims to consolidate Paladin’s market position, but it comes with the usual caveats of regulatory approvals and market risks. Investors and shareholders are advised to await further details in the forthcoming Fission Circular and to consult professional advice before making any investment decisions.
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