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Paladin secures A$525 million to accelerate its next uranium growth phase

12:53pm on Friday 13th of November, 2026 AEDT • Mining
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Paladin secures A$525 million to accelerate its next uranium growth phase

12:53pm on Friday 13th of November, 2026 AEDT
Key Points
  • A$499 million ASX institutional placement priced at A$7.80 a share
  • C$25 million TSX bought deal priced at C$7.62 a share
  • Up to A$50 million non-underwritten Share Purchase Plan
  • Funding targeted at PLS development, Triple R growth and Athabasca Basin exploration
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