Paladin reveals A$300M fully backed equity fundraising initiative
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2025
0mins
Source: SeekingAlpha
Equity Raising Announcement: Paladin Energy has launched a fully underwritten equity raising initiative totaling A$300M, which includes an A$231M ASX institutional placement, a C$30M Canadian private placement, and a sale of existing shares from the acquisition of Fission Uranium.
Use of Proceeds: The funds raised will primarily be allocated to advance the development of the Patterson Lake South project towards a Final Investment Decision, with an additional A$20M expected from a non-underwritten share purchase plan for eligible shareholders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
