Paladin Energy Ltd. (
TSX: T.PDN,
Stock Forum) rose 4.3% to 36 cents Friday after the company said that in respect to of the agreement to sell a 25% stake in the Langer Heinrich Mine, as announced on January, 20, 2014, CNNC has notified Paladin that condition precedent in relation to the National Development Reform Commission has been satisfied.
The sale remains conditional up approval by other Chinese Government authorities,
the company said in a press release.
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