Paladin Energy Ltd (ASX: PDN OTCQX: PALAF) (Paladin) advises that, in accordance with ASX Listing Rule 3.10A, the following Paladin securities will be released from voluntary escrow: This announcement has been authorised for release by the Company Secretary of Paladin Energy Ltd.

Contact:

Jeremy Ryan

Tel: +61 8 9423 8100

Email: paladin@paladinenergy.com.au

About Paladin

Paladin Energy Limited (ASX:PDN OTCQX:PALAF) is an Australian listed uranium company focused on maximising the value of its 75% stake in the Langer Heinrich Mine in Namibia. Langer Heinrich is a globally significant, long-life operation, having already produced over 43Mlb U3O8 to date. Operations at Langer Heinrich were suspended in 2018 due to low uranium prices. Beyond Langer Heinrich, the Company also owns a large global portfolio of uranium exploration and development assets. Nuclear power remains a cost-effective, low carbon option for electricity generation.

(C) 2022 Electronic News Publishing, source ENP Newswire