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Monday, August 17, 2009

Paladin makes first drawdown

 Paladin Energy Ltd ("Paladin" has just  announced the first drawdown of US$84.5M under the Kayelekera Project Financing Loan (Facility).

The Kayelekera Uranium Mine is currently in its production ramp-up phase. The first drawdown will be reimbursed to Paladin Energy Ltd for funds spent on completing the project, with the remainder of the Facility to be applied to the Project and working capital expenditure. READ MORE


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