https://newsletter.en.creamermedia.com
Energy|PROJECT
Energy|PROJECT
energy|project

Paladin-Fission deal receives Canadian Competition Act clearance

15th July 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

The acquisition of Toronto-listed Fission Uranium by Sydney-listed Paladin Energy has received Canadian Competition Act clearance, satisfying an important condition for the completion of the transaction.

Paladin last month announced the acquisition of Fission for C$1.14-billion, creating a global uranium leader with assets in Canada, Namibia and Australia.

The acquisition will integrate Fission Uranium’s assets, including the advanced-stage Triple R deposit at the PLS project, in Canada’s renowned Athabasca basin, with Paladin’s existing portfolio.

The combined entity boasts a proforma mineral resource of 544-million pounds of uranium oxide and ore reserves of 157-million pounds.

The transaction is targeted to be completed in the September 2024 quarter, subject to satisfaction of the remaining conditions under the agreement.

Edited by Creamer Media Reporter

Comments

Latest Multimedia

 

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

UP showcases mining VR centre
UP showcases mining VR centre
16th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.164 0.251s - 168pq - 2rq
Subscribe Now