CNNC Purports to Exercise Langer Heinrich Call Option

PERTH, WESTERN AUSTRALIA–(Marketwired – March 09, 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 exercised, could entitle CNNC to acquire Paladin’s interest in the Langer Heinrich Mine (LHM) in certain solvency-related scenarios (the Potential CNNC Option).