Australia's Paladin Energy to buy Canada's Fission Uranium for $833 mln-February 2024-www.financetom.com

Australia's Paladin Energy to buy Canada's Fission Uranium for $833 mln

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Australia's Paladin Energy to buy Canada's Fission Uranium for $833 mln

Jun 23, 2024 11:48 PM

June 24 (Reuters) - Uranium producer Paladin Energy ( PALAF )

has entered into an agreement to buy Canada's Fission

Uranium Corp ( FCUUF ) for an implied equity value of C$1.14

billion ($833.03 million), the Australian miner said on Monday.

($1 = 1.3685 Canadian dollars)

(Reporting by Sneha Kumar; Editing by Subhranshu Sahu)

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