Fission Uranium Corp T.FCU

BNN

[retiredcf]

Expect the fission takeover to close in September: Paladin CEO

Ian Purdy, chief executive officer of Paladin Energy, joins BNN Bloomberg to discuss the company's acquisition of Fission Uranium.

https://www.bnnbloomberg.ca/video/shows/commodities/2024/07/18/expect-the-fission-takeover-to-close-in-september-paladin-ceo/

[settoretire]

Listening to Ian talk about Paladins expansion plans, makes me think outside the box for a minute. If, Paladin plans on developing PLS as a stand alone project, then why, as the ( soon to become ) third largest uranium company in the world, would they spend 1.2 billion on a mine next door to another 1.2 billion planned mine? I forsee Camaco, or maybe Li Ki Shing buying both FCU and FUU/F4 and then

[Uraniuman308]

Did I hear him say CGN has no involvement with Paladin?  I guess he forgot about Langer Heinrich.  IMO this will not get Canadian approval, nor should it!

[REPS346]

Subsidiaries of.....China Uranium Corporation Limited The immediate holding company of CNNCIntl is CNNC Overseas Uranium Holding Limited (“CNNC Overseas”) which is a wholly owned subsidiary of China Uranium Corporation Limited (“CUC”).

[Uraniuman308]

Doesn't matter...Andy asked if there is any Chinese involvement with Paladin and he said no.  This deal should not pass the Canada investment act.  JMO