PERTH, WESTERN AUSTRALIA--(Marketwired - April 17, 2015) - Paladin Energy Ltd (
The aggregate principal amount of the Bonds remaining outstanding is, as at the date of this announcement, US$10,750,000.00.
The Company advises that:
- the redemption date for the Bonds will be May 18, 2015;
- the Bonds will be redeemed at their outstanding principal amount plus accrued interest to the redemption date;
- the conversion price of the Bonds as at the date of this announcement is US$4.6880;
- the closing price of the Company's ordinary shares as derived from ASX on April 15, 2015 was AUD$0.355; and,
- the last day on which conversion rights may be exercised by bondholders in respect of the Bonds is May 6, 2015.
Contact Information:
For additional information, please contact:
John Borshoff
Managing Director/CEO
Tel: +61-8-9381-4366 or
Mobile: +61-419-912-571
Email: john.borshoff@paladinenergy.com.au
Greg Taylor
Investor Relations Contact
Tel: +1 905 337-7673 or
Mobile: +1 416-605-5120 (Toronto)
Email: greg.taylor@paladinenergy.com.au