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Peninsula Energy Secures A$69.9M to Power Lance Uranium Ramp-Up

8:35am on Thursday 11th of September, 2025 AEST Mining
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Peninsula Energy Secures A$69.9M to Power Lance Uranium Ramp-Up

8:35am on Thursday 11th of September, 2025 AEST
Key Points
  • Fully underwritten A$69.9 million equity raise completed
  • Retail entitlement offer raised approximately A$7.0 million
  • Shortfall of A$24.4 million taken up by underwriters
  • Funds support revised production plan at Lance Project
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