Peninsula Energy CEO details $15 million raise for uranium purchase
Peninsula Energy Ltd‘s (ASX:PEN) (OTCMKTS:PENMF) Wayne Heili speaks to Proactive soon after receiving commitments from institutional and high net worth investors for A$13.4 million through a share placement at 15 cents per share. A share purchase plan (SPP) will also be offered to eligible shareholders to raise up to a maximum of A$2 million at the same share price as the placement. Net proceeds will be used to settle the purchase of 300,000 pounds of natural uranium concentrates.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/951113/peninsula-energy-ceo-details-15-million-raise-for-uranium-purchase-951113.html
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