The uranium producer said today its institutional private placement of 93.45 million shares were conducted at a price of $4.60 per share.
Shares in Paladin closed at $4.48 yesterday.
Paladin has previously stated the placement was made to raise funds for future growth.
It produces uranium at Langer Heinrich in Namibia and its Kayelekera mine in Malawi is due to begin production this month.
It is also focussed on exploration near Mt Isa in Queensland.
