General Announcement::Sale of Shareholding by Newmont Mining Corporation

Issuer & Securities

Issuer/ Manager
PALADIN ENERGY LTD
Securities
PALADIN US$274M6%CB170430 - XS0775195562 - 2CKB

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-May-2014 14:10:53
Status
New
Announcement Sub Title
Sale of Shareholding by Newmont Mining Corporation
Announcement Reference
SG140501OTHRP91M
Submitted By (Co./ Ind. Name)
Paladin Energy Ltd
Designation
Felicity Evans
Effective Date and Time of the event
12/03/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
We refer to the attached announcement made by Newmont Mining Corporation stating that Newmont has sold its 5.4% shareholding in Paladin through a bookbuild process. The sale has been underwritten by an investment bank at a fixed price of $0.525 per share and Paladin has been informed the sale was made to a broad range of institutional investors.

Attachments

14.03.12_Sale_of_Shareholding_by_Newmont_Mining_Corporation.pdf
Total size =162K