Mining News

Paladin shareholders flock to raising

Uranium hopeful Paladin Energy has raised A$15-million through a share purchase plan (SPP), which formed part of a greater A$215-million capital raise to restart operations at the Langer Heinrich uranium mine, in Namibia.

The ASX-listed company said on Tuesday that the SPP had been overwhelmingly supported by eligible shareholders, with the company receiving applications totalling over A$105-million.

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