Paladin Energy Says Fission Uranium Receives Canada Supreme Court Approval for Proposed Acquisition

MT Newswires Live
09 Oct 2024

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%

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