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Fax Coversheet
PALADIN ENERGY LTD
ACN 061 681 098
13 July 2015
Company Announcements Office
Australian Securities Exchange Limited
20 Bridge Street
SYDNEY NSW 2000
Dear Sir/Madam
Response to Recent Media/NGO Activity
Paladin Energy Ltd ('Paladin') notes recent media articles concerning the Company's entire operating activities and fiscal arrangements which have appeared simultaneously in Australia, Namibia and Malawi.
These articles are based on allegations and disinformation contained in a number of co-ordinated reports published recently by Non-Government Organisations (NGOs) which appear philosophically opposed to the activities of mining companies in Africa.
Paladin wholeheartedly rejects these various fabrications and assertions and provides the strongest reassurance that it operates and carries out its duties and responsibilities to the highest standards. The Company's detailed responses to the various allegations that have been made against Paladin over time appear on the Sustainability link on the website: www.paladinenergy.com.au.
Yours sincerely
Paladin Energy Ltd
JOHN BORSHOFF Managing Director/CEO
Level 4, 502 Hay Street, Subiaco, Western Australia 6008 Postal: PO Box 201, Subiaco, Western Australia 6904
Tel: +61 (8) 9381 4366 Fax: +61 (8) 9381 4978 Email: [email protected] Website: www.paladinenergy.com.au
Ref: 392043
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Paladin Energy Limited
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PRODUCER |
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CODE : PDN.AX |
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ISIN : AU000000PDN8 |
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Paladin Energy Ltd is a gold and copper development stage company based in Australia. Paladin Energy Ltd produces gold, copper, uranium in Malawi and in Namibia, develops uranium in Canada, and holds various exploration projects in Australia. Its main assets in production are LANGER HEINRICH in Namibia and KAYELEKERA in Malawi, its main asset in development is MICHELIN in Canada and its main exploration properties are ANGELA/PAMELA, OOBAGOOMA, SKAL, VALHALLA, BIGRLYI, MANYINGEE, MT LOFTY and SICCUS in Australia and NASH, JACQUES LAKE and RAINBOW LAKE in Canada. Paladin Energy Ltd is listed in Australia, in Canada and in Germany. Its market capitalisation is AU$ 12.6 billions as of today (US$ 8.2 billions, € 7.7 billions). Its stock quote reached its lowest recent point on March 20, 2020 at AU$ 0.04, and its highest recent level on August 30, 2024 at AU$ 9.96. Paladin Energy Ltd has 1 712 839 936 shares outstanding. |