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Friday, October 25, 2019

Paladin deal nears closure amid market uncertainty – The Nation Online

Paladin deal nears closure amid market uncertainty – The Nation Online: Dual-listed Paladin Energy Limited, operators of Kayelekera Uranium Mine in Karonga, says it expects to complete outstanding approvals for the sale of the company’s 85 percent stake.

In its September Quarterly Report, the miner said it has now received noteholder consent for the sale and the transaction has been approved by Lotus shareholders with the key outstanding approval remaining from the Malawi Government, which owns 15 percent stake

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