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How Will Peninsula Energy’s A$69.9M Raise Reset Its Uranium Ambitions?

10:00pm on Friday 29th of August, 2025 AEST Mining
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How Will Peninsula Energy’s A$69.9M Raise Reset Its Uranium Ambitions?

10:00pm on Friday 29th of August, 2025 AEST
Key Points
  • Fully underwritten pro-rata entitlement offer and two-tranche placement
  • Equity raise targets A$69.9 million to fund Lance Project ramp-up and wellfield development
  • Significant leadership changes and operational reset following low pH ISR challenges
  • Termination of five uranium sales contracts to realign production strategy
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