Paladin Energy Raises A$300M to Accelerate Patterson Lake South and Langer Heinrich

• A$300 million underwritten equity raise including ASX placement and TSX bought deal
• Funds to accelerate Patterson Lake South project engineering, permitting, and early works
• Langer Heinrich Mine ramp-up on track with reaffirmed production and cost guidance
• Strong project economics with 10-year mine life and low operating costs at PLS