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0.000745712155108112 0.000745712155108112 -0.00149142431021622 -0.00447427293064867 0 0.00298284862043258 0.00894854586129761 0.00521998508575692
Stock impact report

Paladin's Uranium Deal Signals M&A Push for Rich Canadian Deposits [Financial Post (Toronto, Ontario, Canada)]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Paladin Energy Ltd.'s C$1.14 billion ($833 million) offer to buy Canadian mining firm Fission Uranium Corp. is all about geography. 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. Article content “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 has become a hub of mining activity as supply concerns escala Show less Read more
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