Paladin Energy Limited (‘Paladin’)
Registration No. ACN 061 681 098
Registered as an external company in Namibia
ISIN Code: AU000000PDN8
NSX Share Code: PDN
Paladin completes A$200 Million Placement
Paladin Energy Ltd (Paladin or Company) is pleased to announce that it has completed an
institutional placement (Placement) of new fully paid ordinary shares in Paladin (New Shares). The
Placement will raise approximately A$200 million (before costs) through the issue of approximately
278 million New Shares at an offer price of A$0.72 per share. The offer price represents:
• 8.9% discount to the last closing price of Paladin shares on ASX of $0.79 on March 30,
2022 (being the last date Paladin shares traded prior to announcement of the Placement);
and
• 12% discount to the 5-day volume average weighted price (VWAP) up to and including
March 30, 2022.
Proceeds of the Placement, in conjunction with the proposed Share Purchase Plan which seeks to
raise up to an additional A$15 million (together the Equity Raise), will be applied to fund the restart
of uranium mining operations at the Langer Heinrich Mine, and for working capital expenses and
fees.
This announcement has been authorised for release by the Board of Directors of Paladin Energy
Ltd.
The full announcement can be found on the company website at
By order of the Board of Directors
Ian Purdy
Chief Executive Officer
1 April 2022
Registered Office
Erf 3981B
Extension 10
New Industrial Area
Swakopmund
Namibia
Sponsor
IJG Securities (Pty) Ltd
Member of the NSX
4th Floor, 1@Steps, C/O Grove and Chasie Street, Klein Kuppe
P O Box 186, Windhoek, Namibia
Registration No. 95/505
Date: 01-04-2022 09:30:00
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