Paladin Energy acquires Fission Uranium for C$1.14bn, forming a diversified uranium producer.

Paladin Energy is acquiring Canada-based Fission Uranium for C$1.14bn, creating a diversified uranium producer. The deal will integrate Fission's assets, including the advanced-stage Triple R deposit at the PLS project, with Paladin's existing portfolio. Upon completion, Fission shareholders will own 24.0% of Paladin, with a pro forma market capitalization of about $3.5bn.