Paladin Energy's (ASX:PDN) takeover target Fission Uranium obtained a final order from the Supreme Court of British Columbia in Canada approving the Western Australian uranium producer's proposed acquisition of Fission Uranium through a plan of arrangement, according to a Wednesday filing with the Australian bourse.
Completion remains uncertain due to required clearance under the Investment Canada Act, the filing stated.
Shares in Paladin Energy fell almost 2% in recent Wednesday trade.
Price (AUD): $11.59, Change: $-0.22, Percent Change: -1.86%