Paladin Energy Completes Acquisition of Canadian Uranium Firm

MT Newswires Live
2024-12-24

Paladin Energy (ASX:PDN) completed the acquisition of the Toronto Stock Exchange-listed Fission Uranium via a plan of arrangement, according to a Tuesday filing with the Australian bourse.

As per the arrangement, shareholders will receive 0.1076 Paladin Energy shares per Fission Uranium share held, the filing said.

Fission Uranium will be delisted from the TSX on Tuesday, while Paladin Energy shares are expected to start trading on the TSX under the ticker symbol "PDN" on or around Dec. 27, per the filing.

Fission Uranium is also expected to delist from the Frankfurt Stock Exchange and the OTCQX, the filing added.

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