Saturday, February 3, 2018

Paladin to return to ASX, most shares in hands of creditors

Paladin to return to ASX, most shares in hands of creditors: Uranium miner Paladin Energy will apply for its securities to be reinstated to official quotation on the ASX, the Australia-based company said on Friday, announcing the completion of its restructuring and the appointment of two new directors.
With the deed of company arrangement (DOCA) effected, deed administrators have retired and the day-to-day management and control of Paladin has reverted to the company’s directors. The two new board appointments include iCobalt MD David Riekie and former interim CEO and MD of Atlas Iron Daniel Harris.

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