PERTH, WESTERN AUSTRALIA — (Marketwired) — 08/29/13 — Paladin Energy Ltd („Paladin“ or „the Company“) (TSX: PDN)(ASX: PDN) announces the release of its consolidated Financial Report for the year ended 30 June 2013. The Financial Report is appended to this News Release.
HIGHLIGHTS
OPERATIONS
SALES AND REVENUE
CORPORATE
Results
(References below to 2013 and 2012 are to the equivalent year ended 30 June 2013 and 2012 respectively).
The documents comprising the Financial Report for the year ended 30 June 2013, including the Report to Shareholders, Management Discussion and Analysis, Financial Statements and Certifications are attached and will be filed with the Company-s other documents on Sedar (sedar.com) and on the Company-s website (paladinenergy.com.au).
Generally Accepted Accounting Practice
The news release includes non-GAAP performance measures: C1 cost of production, non-cash costs as well as other income and expenses. The Company believes that, in addition to the conventional measures prepared in accordance with GAAP, the Company and certain investors use this information to evaluate the Company-s performance and ability to generate cash flow. The additional information provided herein should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.
Declaration
The information in this Announcement relating to exploration and mineral resources is, except where stated, based on information compiled by David Princep B.Sc who is a Fellow of the AusIMM. Mr Princep has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the „Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves“, and as a Qualified Person as defined in NI 43-101. Mr Princep is a full-time employee of Paladin Energy Ltd and consents to the inclusion of this information in the form and context in which it appears.
Conference Call
Conference Call and Investor Update is scheduled for 06:30 Perth & Hong Kong, Friday 30 August 2013, 18:30 Toronto and 23:30 London, Thursday 29 August 2013. Details are included in a separate news release dated 23 August 2013.
The presentation in relation to this Year End June 2013 Conference Call and Investor Update to be held 29 August 2013 at 6:30pm Toronto time is currently available on Paladin-s website.
To view the Financial Report please visit the following link: .
Contacts: John Borshoff Managing Director/CEO +61-8-9381-4366 Mobile: +61-419-912-571
Alan Rule Chief Financial Officer +61-8-9381-4366 Mobile: +61-438- 942-144
Greg Taylor Investor Relations Contact +1 905 337-7673 Mobile: +1 416-605-5120 (Toronto)
Andrew Mirco Investor Relations Contact +61-8-9381-4366 Mobile: +61-409-087-171
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