Jan 10 (Reuters) - Paladin Energy Ltd PDN.AX :
* Receives notice from Électricité de France regarding EDF's $200 mln pre-payment under long term off-take contract
* EDF (PA:EDF) has requested security for pre-payment in addition to its existing security over 60.1% of Michelin (PA:MICP) Project in Canada
* May be required to provide additional security and Paladin has been discussing potential additional security and value of the same
* Paladin energy says EDF informed co that value of additional security proposed by Paladin is less than value required by off-take contract
* Paladin energy says co does not agree with EDF's position; the matter will now proceed to independent expert valuation Source text for Eikon: Further company coverage: PDN.AX