Paladin Energy (OTC:PALAF) enters into an agreement to acquire Fission Uranium (TSX:FCU) in a transaction valued at C$1.1 billion.
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Two days ago, uranium folks were agonizing about how dumping by China had driven down the commodity market, just as uranium prices had started on an upward swing. Then, yesterday, Fission Uranium (FCU.T) announced that it had welcomed a $1.1 billion bid from Australian mining giant Paladin Energy to walk away from its Athabasca Basin…
Paladin Energy (OTC:PALAF) enters into an agreement to acquire Fission Uranium (TSX:FCU) in a transaction valued at C$1.1 billion.
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