General Announcement::Shareholder Approval Not Required re KM Suspension

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 14:04:21
Status
New
Announcement Sub Title
Shareholder Approval Not Required re KM Suspension
Announcement Reference
SG140501OTHRUHI3
Submitted By (Co./ Ind. Name)
Paladin Energy Ltd
Designation
Felicity Evans
Effective Date and Time of the event
14/02/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
As announced on 7 February 2014, Paladin (Africa) Limited (PAL), a subsidiary of Paladin Energy Ltd (Paladin), is suspending production at its Kayelekera Mine (KM or the Operation) in Malawi and will place the Operation on care and maintenance until PAL determines that a recovery in the price of uranium oxide would enable production to resume on a profitable basis.

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