PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 05/14/12 -- Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) (Paladin or the Company) wishes to advise that on Friday 11 May the majority of the local work force at Kayelekera walked off the minesite in protest of the Company's refusal to accede to an unprecedented demand to grant an immediate 66% pay increase [...]
Further to the Company's announcement dated 23 April 2012 and material change report filed on SEDAR on 2 May, Paladin wishes to correct certain errors in the material change report and confirm the details regarding its Tender Offer as described in the 23 April 2012 news release. Paladin confirms that it will pay US$198,000 for each US$200,000 in [...]
Further to the Company's announcement dated 23 April 2012, Paladin is pleased to announce the completion of its issue of US$274M of 6.00% senior, unsecured convertible bonds due 2017. Barclays Bank, Royal Bank of Canada and UBS, Australia Branch acted as Joint Bookrunners and Joint Lead Managers. The Sole Global Co-ordinator was Barclays.
Paladin Energy is delighted to announce the pricing of its issue of senior, unsecured convertible bonds due 2017. The offer size was US$274M. Commenting on the Convertible Bond issue, Paladin's Managing Director/CEO, John Borshoff, said "The successful completion of this raising significantly strengthens the balance sheet and in conjunction with [...]
Paladin announces that it has today launched an offering to raise US$225M, with the option to upsize to approximately US$275M, of senior, unsecured convertible bonds due 2017. The proceeds of the issue will be used in part to fund Paladin's concurrent tender offer to acquire up to US$200M (or such higher amount as it determines in its absolute [...]
PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 04/19/12 -- Paladin Energy Ltd. (TSX: PDN)(ASX: PDN) (Paladin or the Company) advises that no decision has been made to undertake a convertible bond issue as speculated in the Australian Financial Review article published today.
Paladin Energy is pleased to provide its Quarterly Activities Report for the three month period ended 31 March, 2012. Stable combined production with Kayelekera delivering record production and Langer Heinrich ramping up with higher throughputs using lower grade feed material.
Paladin Energy notes that, in relation to the outstanding legal action between Mt Isa Uranium Pty Ltd, Summit Resources and Resolute, we refer to the announcement made today by Summit Resources, a copy of which is available here: media3.marketwire.com. The court has made orders which will enable the proceedings that SRA brought against Resolute and [...]
Paladin Energy Ltd notes with regret the death of the President of Malawi, Dr Bingu wa Mutharika, on Thursday, 5th April 2012, following a heart attack. The Company offers its sincere condolences to the Government and people of Malawi, who have begun a 10-day period of mourning for the late President.
Paladin Energy Ltd notes that, as previously communicated, the Company is in discussions with a selected group of nuclear industry parties, to seek minority JV interest in its non-producing uranium assets to enable further strengthening and consolidation of the globally unique positioning the Company has achieved in the uranium supply sector. All [...]
PERTH, AUSTRALIA -- (Marketwire) -- 04/02/12 -- Paladin Energy Ltd (TSX: PDN)(ASX: PDN) ("Paladin" or the "Company") is pleased to announce the appointment of Mr Alan Rule as Chief Financial Officer effective 23 July 2012 replacing the current CFO, Mr Garry Korte, who is departing the Company on amicable terms. Garry will leave the business on 24 [...]
