Dec 1 (Reuters) - Paladin Energy Ltd PDN.AX :
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* Asx alert-update on strategic process / funding-pdn.ax
* Investigating alternative contingencies to assist with respect to 30 April 2017 US$212m repayment obligation for 2017 convertible bonds
* Co has commenced discussions with key stakeholders regarding potential options to address co's balance sheet position
* "No longer likely transaction will close by end of Q4 of CY2016"
* Updates on potential sale of a 24% interest in Langer Heinrich Mine (LHM) for US$175m to CNNC Overseas Uranium Holdings Ltd (COUH) Source text for Eikon: Further company coverage: PDN.AX