Peninsula scuttles $15M placement

PENINSULA Energy says its agreement to raise $A15 million through a private placement to US nuclear investor Nucore Energy has been terminated.

Peninsula scuttles $15M placement Peninsula scuttles $15M placement Peninsula scuttles $15M placement Peninsula scuttles $15M placement Peninsula scuttles $15M placement

In a short statement, Peninsula said both parties agreed “in the current market conditions, it is unlikely that the pricing structure can be achieved in the near term”.

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