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Shares of Fission Uranium FCUUF gained 15% on the announcement that it inked a deal with the Australian miner, Paladin Energy Limited, per which the latter will acquire its outstanding shares for an implied total equity value of C$1.14 billion ($833 million).
The combined company will have a pro-forma market capitalization of $3.5 billion. It will be placed among the largest pure-play global uranium companies with a combined mineral resource of 544 million pounds of uranium and ore reserves o...
>>> Read more: Fission Uranium (FCUUF) Agrees to be Acquired by Paladin Energy
The combined company will have a pro-forma market capitalization of $3.5 billion. It will be placed among the largest pure-play global uranium companies with a combined mineral resource of 544 million pounds of uranium and ore reserves o...
>>> Read more: Fission Uranium (FCUUF) Agrees to be Acquired by Paladin Energy