Paladin Energy Ltd-Uranium One Sells Paladin Shares

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Paladin Energy Ltd-Uranium One Sells Paladin Shares

//business-finance.news-articles.net/content/201 .. energy-ltd-uranium-one-sells-paladin-shares.html

Published in Business and Finance on Wednesday, June 9th 2010 at 4:50 GMT by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

PERTH, WESTERN AUSTRALIA--(Marketwire - June 9, 2010) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) welcomes the decision of Uranium One Inc to dispose of its interest in Paladin. This was announced in its news release dated June 8, 2010 in which Uranium One stated that it has "recently sold substantially all of its previously acquired shares of Paladin".

Importantly, Paladin is now the only fully independent, publically listed pure play uranium producer in the world. With its clear strategy and proven ability for growth Paladin remains ideally positioned to enhance its position as a major player in the global uranium supply sector.

ACN 061 681 098

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