Paladin Energy: Exercise of Optional Redemption Right in Relation to Outstanding Convertible Bonds Due 2011
PERTH, WESTERN AUSTRALIA -- (Marketwire) -- 12/17/10 -- Paladin Energy Ltd (Paladin) (TSX: PDN)(ASX: PDN) wishes to note the exercise of its optional redemption right regarding its outstanding 4.50% convertible bonds due 2011 (ISIN XS0277770151).
For further information, please refer to the Company's website (www.paladinenergy.com.au) or to the announcement made to the Singapore Exchange Securities Trading Limited.
A.C.N. 061 681 098
Contacts:
Paladin Energy Ltd
John Borshoff
Managing Director/CEO
61-8-9381-4366
john.borshoff@paladinenergy.com.au
Paladin Energy Ltd
Greg Taylor
Investor Relations Contact
905 337-7673 or Mob: 416 605-5120 (Toronto)
greg.taylor@paladinenergy.com.au
www.paladinenergy.com.au