PERTH, AUSTRALIA — (Marketwire) — 04/12/12 — Paladin Energy Ltd (TSX: PDN)(ASX: PDN) („Paladin“ or the „Company“) notes that, in relation to the outstanding legal action between Mt Isa Uranium Pty Ltd (MIU), Summit Resources (Aust) Pty Ltd and Resolute Pty Ltd (Resolute), we refer to the announcement made today by Summit Resources Limited, a copy of which is available here: .
The court has made orders which will enable the proceedings that SRA brought against Resolute and MIU to be dismissed in 21 days.
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Contacts: In Australia: Paladin Energy Ltd John Borshoff Managing Director/CEO +61 8 9381 4366 or Mobile: +61 419 912 571
In Canada: Paladin Energy Ltd Greg Taylor Investor Relations Contact +905 337-7673 or Mobile: +416 605-5120 (Toronto)
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