Uranium One Says Paladin Stake Bought for ‘Investment’

- May 3rd, 2010

Businessweek.com reports on Uranium One’s recent acquiring of stake in Paladin Energy is for “investment purposes”.
Paladin shares rose as much as 11 percent to A$4.07 in Sydney trading after it disclosed Uranium One’s purchase of at least 9.84 million shares to the Australian stock exchange. The stake amounts to about 1 percent of Paladin’s 717 million […]

Businessweek.com reports on Uranium One’s recent acquiring of stake in Paladin Energy is for “investment purposes”.

Paladin shares rose as much as 11 percent to A$4.07 in Sydney trading after it disclosed Uranium One’s purchase of at least 9.84 million shares to the Australian stock exchange. The stake amounts to about 1 percent of Paladin’s 717 million shares outstanding, according to Bloomberg data.

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