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Strategic and Funding Process: Alternative Proposed Balance Sheet Restructuring

PERTH, WESTERN AUSTRALIA–(Marketwired – May 16, 2017) – Paladin Energy Limited (Paladin or the Company) (ASX: PDN) (TSX: PDN) refers to its previous announcements regarding the Restructure Proposal and the independent valuation process being undertaken to value Paladin’s 75% interest in the Langer Heinrich Mine (LHM) in response to the decision by CNNC Overseas Uranium Holdings Limited (CNNC) to pursue its potential option to acquire Paladin’s interest in LHM (Potential CNNC Option).