Paladin Energy Ltd-Increase in Shareholding in NGM Resources Limited

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Paladin Energy Ltd-Increase in Shareholding in NGM Resources Limited

Paladin Energy Ltd-Increase in Shareholding in NGM Resources Limited

^{Published on 2010-06-30 08:12:29 - Market Wire}

PERTH, WESTERN AUSTRALIA--(Marketwire - June 30, 2010) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) advises it has increased its holding in NGM Resources Limited (ASX:NGM) to 40,573,574 fully paid shares which represents 22.48% of its issued capital.

ACN 061 681 098

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