Paladin seeking working capital funding

URANIUM leveraged Paladin Energy is raising A$30 million as it awaits the return of better pricing for the energy commodity.

Paladin seeking working capital funding Paladin seeking working capital funding Paladin seeking working capital funding Paladin seeking working capital funding Paladin seeking working capital funding

Paladin aims to re-boot Langer Heinrich when the uranium price shows significant improvement

The raising will see the issue of nearly 263 million shares priced at 11.5c to undisclosed investors, with an additional $7 million potentially being raised via a so-called share purchase plan.