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Paladin to Proceed With Potential Sale of Langer Heinrich

PERTH, WESTERN AUSTRALIA–(Marketwired – May 05, 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 Holding Ltd (CNNC) which, if validly exercised, could entitle CNNC to acquire Paladin’s interest in the Langer Heinrich Mine (LHM).