Peninsula restructures debt 

US-FOCUSED uranium player Peninsula Energy has avoided the danger of being sent to the knackers’ yard after reaching an agreement to restructure its existing US$17 million convertible note facilities, potentially gaining an additional year to close out its loans.

Peninsula restructures debt  Peninsula restructures debt  Peninsula restructures debt  Peninsula restructures debt  Peninsula restructures debt 

Peninsula has secured more time for its Lance trials.

The company had until October 31 to sort out its finances after it warned in September it was at risk of breaching terms for its convertible notes after an asset writedown, triggering an early

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