BRIEF-Paladin Energy Updates On Its Proposed Acquisition Of Fission Uranium Corp

Reuters
09 Oct 2024

Oct 9 (Reuters) - Paladin Energy Ltd :

* COURT APPROVES PLAN OF ARRANGEMENT

* PROVIDES AN UPDATE REGARDING ITS PROPOSED ACQUISITION OF FISSION URANIUM CORP

* FISSION OBTAINED A FINAL ORDER FROM SUPREME COURT OF BRITISH COLUMBIA APPROVING ARRANGEMENT

* THERE CAN BE NO CERTAINTY THAT PALADIN WILL BE ABLE TO OBTAIN ICA CLEARANCE IN A TIMELY MANNER OR AT ALL

* FAILURE TO OBTAIN ICA CLEARANCE WOULD PREVENT ARRANGEMENT FROM BEING SUCCESSFULLY COMPLETED

* PALADIN IS CONTINUING TO ENGAGE WITH MINISTER

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