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$3.9b Listed uranium player Paladin launches mega $500m raising

The Australian Financial Review (AFR) •
November 12, 2026 • 12:32 AM
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The ASX-listed company went into a trading halt on Thursday, setting tongues wagging about the size of the placement.

$3.9b Listed uranium player Paladin launches mega $500m raising

ASX-listed uranium player Paladin, capitalised at $3.9 billion, halted trading on Thursday morning, ahead of a capital raising, expected to about $500 million.

The company flagged that the raising would include a fully underwritten ASX institutional placement and a Canadian “bought deal” private placement. That will come alongside a share purchase plan for retail investors, Paladin said.

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