General Announcement::Placement Entitlement Offer and Update on Operations and Outlook

Issuer & Securities

Issuer/ Manager
PALADIN ENERGY LTD
Securities
PALADIN US$274M6%CB170430 - XS0775195562 - 2CKB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Nov-2014 17:10:50
Status
New
Announcement Sub Title
Placement Entitlement Offer and Update on Operations and Outlook
Announcement Reference
SG141125OTHRYAOQ
Submitted By (Co./ Ind. Name)
Paladin Energy Ltd
Designation
Felicity Evans
Effective Date and Time of the event
24/11/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Paladin Energy Ltd (Paladin or the Company) is pleased to announce a number of measures to recapitalise the Company and address its medium term funding requirements, including the convertible bonds due in November 2015. Following these measures, and other initiatives to be implemented in early 2015, Paladin expects to be fully funded until at least June 2016.

Attachments

14.11.24_Placement_Entitlment_Offer_and_Update.pdf
Total size =364K