Paladin’s Fission Uranium takeover delayed by Canada security review
The takeover has faced several hurdles, including a delayed shareholder vote in August and opposition from Fission’s largest investor.
The price for uranium climbed 4 percent to reach $53.75 per pound, an increase of $2.00 from the spot price for uranium last week. Purchasers of uranium resources over the course of last week have seen demands met with consistently higher prices as the week concluded.