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Paladin Energy to trade on TSX Dec. 27

2024-12-23 20:44 ET - New Listing

The Toronto Stock Exchange reports that Paladin Energy Ltd. will be listed and posted for trading at the open on Dec. 27, 2024. According to the TSX, there will be 398,909,417 ordinary shares of the company issued and outstanding, and 5,752,120 shares reserved for issuance. The shares will trade under the symbol PDN, in Canadian dollars and with Cusip No. Q7264T 25 2.

The TSX reports that Paladin Energy is a uranium resource issuer primarily engaged in the growth and advancement of its core asset, the Langer Heinrich mine, which is a globally significant, long-life uranium operation. Beyond the Langer Heinrich mine, Paladin Energy also owns a large global portfolio of uranium exploration and development assets.

According to the TSX, Paladin Energy has not paid dividends on its shares, and expects to retain all earnings and other cash resources in the short term for the future operation and development of its business. Payment of any future dividends will be at the discretion of the company's board of directors after taking into account many factors, including the company's operating results, financial condition, and current and anticipated cash needs.

Paladin Energy has been listed on the Australian Securities Exchange since March 29, 1994, under the symbol PDN. The company's transfer agent and registrar is Computershare Investor Services Pty. Ltd. at its principal offices in Perth, Western Australia, and Computershare Investor Services Inc. at its offices in Vancouver. Its fiscal year-end is June 30.

The TSX has issued a separate bulletin regarding the plan of arrangement involving, among others, Paladin Energy and Fission Uranium Corp. For more information, see Fission Uranium's management information circular dated July 22, 2024, available on SEDAR+.

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