Paladin Energy Ltd

Paladin Energy Ltd

September 07, 2012 08:00 ET

Paladin Energy Ltd.-Long Term Off-Take With US$200M Prepayment Supporting Security Documents Completed

PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 7, 2012) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) is pleased to announce that the finalisation and registration of the security documentation supporting the previously announced US$200M prepayment (see Paladin released dated 15 August 2012) has now been completed.

The prepayment will be made in tranches to be completed by no later than 31 January 2013.

ACN 061 681 098

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