Paladin Energy Ltd: Acquisition of Shares in Deep Yellow Ltdadmin
Paladin Energy Ltd advises that today it has acquired 44,700,000 shares in Deep Yellow Ltd taking its investment in this company from 15.3% to 19.29%.
Paladin recognises the extensive tenement position of Deep Yellow and Deep Yellow’s strong uranium management and exploration team. The acquisition of the additional Deep Yellow shares is a strategic investment for Paladin.
Paladin looks forward to continuing to be a supportive shareholder of Deep Yellow. Information on Deep Yellow can be found at www.deepyellow.com.au.