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Paladin Secures A$300M to Propel Patterson Lake South Uranium Project

8:51am on Tuesday 16th of September, 2025 AEST Mining
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Paladin Secures A$300M to Propel Patterson Lake South Uranium Project

8:51am on Tuesday 16th of September, 2025 AEST
Key Points
  • A$300 million fully underwritten equity raising including ASX placement, TSX bought deal, and Treasury Share Sale
  • Offer price set at A$7.25 per share, representing an 8% discount to recent trading prices
  • Funds earmarked for engineering, permitting, early site works, exploration, and ramp-up of Langer Heinrich Mine
  • Non-underwritten Share Purchase Plan targeting up to A$20 million for eligible shareholders
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