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Peninsula gains Lance trial funding

URANIUM producer Peninsula Energy has successfully raised A$7 million via a placement to fund a 6-9 month trial at its Lance in-situ recovery project in Wyoming, and is now seeking a further $2.1 million via an entitlement offer.

Haydn Black
Peninsula has funding for Lance.

Peninsula has funding for Lance.

Euroz Securities and Canaccord Genuity are also managing the renounceable offer, which is priced at 16.5c, the same level as the placement, a 15% discount to the 30-day average price.   Peninsula's...

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