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Paladin Resolves to Commence Arbitration Proceedings Against CNNC

PERTH, WESTERN AUSTRALIA–(Marketwired – March 23, 2017) – Paladin Energy Limited (Paladin or the Company) (ASX: PDN) (TSX: PDN) refers to its previous announcements regarding its Restructure Proposal, and a potential option in favour of CNNC Overseas Uranium Holdings Ltd (CNNC) which, if validly exercised, could entitle CNNC to acquire Paladin’s interest in the Langer Heinrich Mine (LHM) (the Potential CNNC Option).