Paladin Energy Limited: Clarification Regarding Proposed Divestment of 24% of LHM

PERTH, AUSTRALIA—(Marketwired – July 29, 2016) – Paladin Energy Ltd (Paladin or the Company) (ASX: PDN) (TSX: PDN) notes the announcement it made on 21 July 2016 “Strategic Process Achieves Agreements to Raise Over US$200M” and the article in The Australian newspaper of 25 July 2016 concerning the Company's proposed divestment of a 24% interest in the Langer Heinrich Mine (LHM).

Following publication of the newspaper report, Paladin is responding to a requirement from the Australian Securities Exchange (ASX) under ASX Listing Rule 3.1B to confirm the accuracy of this specific media comment. Paladin confirms that the counter–party to the non–binding terms sheet is CNNC Overseas Uranium Holdings Ltd (COUH).

As noted in the announcement of 21 July 2016, the proposed transaction is subject to the parties negotiating and executing definitive documentation. We have been advised by COUH that any definitive agreement would also require the approval of the board of COUH's ultimate parent company and third–party government and regulatory approvals. Such approvals would include China regulatory approvals customary for an international transaction of the proposed size.

As noted in Paladin's announcement of 21 July 2016, it was intended that COUH's identity would remain confidential until an appropriate future time at which a more definitive announcement could be made by the Company. COUH has not provided any authorization to be named at this stage and Paladin is making this disclosure because it is required to do so under the ASX Listing Rules.

Yours faithfully
Paladin Energy Ltd

ALEXANDER MOLYNEUX, CEO

ACN 061 681 098

Webinar on Lessons Learned Migrating Contact Centers to the Cloud to Feature Eventus

DENVER, CO—(Marketwired – July 29, 2016) – For years, organizations have been hearing about the benefits of moving to the cloud and the many reasons cloud–based applications make sense for organizations large and small. While it is easy to find information on why the Cloud is the next big thing, it is much harder to find good information on how to migrate to the cloud successfully and what to expect along the way. In this webinar, the contact center consulting experts from Eventus Solutions Group are partnering with Five9, a leading provider of cloud contact center software, to share some valuable lessons that will help demystify this important evolution of the modern contact center.

You will learn:

  • Why technology is just one critical consideration when moving to the cloud
  • Challenges that must be addressed to ensure a smooth migration to the cloud
  • Lessons learned and customer insights after moving to the cloud

Speakers:

  • Eventus CIO and Senior Consulting Director John Smiley
  • Five9 Product Marketing Manager Sean Head

Logistics:

  • Date – Wednesday, August 17, 2016
  • Time – 10:30 AM PDT
  • Register for webinar

About Eventus

Eventus Solutions Group is a nationally recognized consulting and managed services firm that helps its clients optimize the way they engage with their customers in contact centers and digital channels. The company's unique business model has earned it recognition on the Inc. 500 list of fastest growing private companies and has helped Eventus build a client list that includes some of the most well–known brands in healthcare, insurance, retail, communications, government and other industries. For more information, visit http://www.eventusg.com, or follow us on LinkedIn or Twitter @eventusg.

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