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Peninsula seeks $40M at deep discount to destroy debt

PENINSULA Energy is going all-in in the wake of US president Donald Trump’s backing for the nuclear sector by raising A$40.3 million, and Canaccord Genuity is along for the ride, underwriting a massive capital raising that exceeded the junior’s most recent market capitalisation.

Haydn Black
Lance needs around six months to resume production as soon as the markets are there.

Lance needs around six months to resume production as soon as the markets are there.

The nine-for-five renounceable entitlement offer will wipe out Peninsula's $26 million in debts to Resource Capital Fund, Pala Investments and Collins Street Value that almost undid the company last year,...

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