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Stock impact report

Paladin's Uranium Deal Signals M&A Push for Rich Canadian Deposits [Yahoo! Finance]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: Yahoo! Finance
Most Read from Bloomberg How Long Can High Rates Last? Bond Markets Say Maybe Forever Jain Raises $5.3 Billion in Biggest Hedge Fund Debut Since 2018 Nvidia Sales Grow So Fast That Wall Street Can't Keep Up BuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones' Tech Keeps a Lid on US Stocks as Nvidia Tumbles: Markets Wrap The all-stock deal will give Australia's Paladin operational control of one of the most advanced mining projects in western Canada's Athabasca Basin, a remote area in Saskatchewan that's loaded with high-grade uranium. Fission's asset is expected to open in 2029 and produce an annual average of 9.1 million pounds of the metal over a decade. “The rationale is very compelling,” Paladin Chief Executive Officer Ian Purdy said in a Monday interview. “We see this as a fantastic asset.” Fission is one of several junior mining firms racing to develop projects in the Athabasca region, along with NexGen Energy Ltd. and Denison Mines Corp. The region h Show less Read more
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