SMH
·general
·1 hour ago
Peninsula bags US$56M for Wyoming uranium ramp up
ASX-listed Peninsula Energy secured US$56 million in funding on Thursday to accelerate uranium production at its Lance project in Wyoming. The package includes an institutional placement, entitlement offer, and a US$30 million convertible note from Washington H. Soul Pattinson. The capital will fund Mine Unit 5 development and target 1.2-1.5 million pounds annual production by 2028.
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