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Peninsula Energy Ltd raising A$15 million for uranium purchase to help underpin Lance project transition

Peninsula Energy secures commitments for A$15 million equity raising for uranium purchase The placement and SPP will fund the purchase of 300,000 pounds of uranium at a price of US$31.35 per pound, a strategic purchase that will assist the company as it transitions the Lance Project in Wyoming to a low pH ISR operation. Settlement is due next month and the uranium will be stored at the Cameco Facility in Ontario, Canada. Peninsula Energy Ltd (ASX:PEN) (OTCMKTS:PENMF) (FRA:P1M) has...
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Proactive Investors China - The web's leading portal for China stocks - Peninsula Energy secures commitments for A$15 million equity raising for uranium purchase

China stocks, China small caps, comment, analysis, financial news, news, mining news, oil and gas news on small cap companies on the Hong Kong, Shenzhen, Shanghai, Australian Stock Exchange, Toronto Stock Exchange, NYSE, NASDAQ and London Stock Exchange and AIM markets in China, Australia, Canada and the UK.
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