Paladin Energy Gets Shareholder Nod to Acquire Canada's Fission Uranium; Shares Rise 4%

MT Newswires Live

Sep 10, 2024

Paladin Energy (ASX:PDN) received approval from Fission Uranium's shareholders to acquire the Toronto-listed uranium company via a court-approved plan of arrangement, according to a Tuesday filing with the Australian bourse.

Paladin Energy said 68% of shareholders voted in favor of the proposed transaction, exceeding the required 66% threshold.

The transaction remains subject to customary closing conditions, including Investment Canada Act clearance and receipt of a final order from the Supreme Court of British Columbia.

The court hearing for the final order is set for Sept. 12, the filing stated.

Paladin shares rose past 4% in recent Tuesday trade.

Price (AUD): $8.74, Change: $+0.37 , Percent Change: +4.42%

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Shares Rise 4% Paladin Energy (ASX:PDN) received approval from Fission Uranium's shareholders to acquire the Toronto-listed ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XAO.AU","symbol_name":"标普/澳交所 普通股指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2466817602","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466817602","pubTimestamp":1725940081,"columns":[],"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Paladin Energy Gets Shareholder Nod to Acquire Canada's Fission Uranium; Shares Rise 4% Paladin Ener","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XKO.AU":"标普/澳交所 300指数","BK4125":"广播","BK7083":"煤与消费用燃料","BK7509":"中概股","UEC":"Uranium Energy Corp","BK1229":"房地产经营公司","XJO.AU":"标普/澳交所 200指数","BK4156":"煤与消费用燃料","PDN":"Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF","PDN.AU":"PALADIN ENERGY LTD","00495":"百利大","BK1258":"房地产运营公司"},"translate_title":"Paladin Energy获得股东批准收购加拿大裂变铀公司；股价上涨4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00495":1,"PDN":1,"XAO.AU":1,"PDN.AU":1,"XKO.AU":1,"AUD":1,"UEC":1,"XJO.AU":1},"content_text":"Paladin Energy Gets Shareholder Nod to Acquire Canada's Fission Uranium; 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