Peninsula Energy Limited (ASX:PEN – Get Free Report) insider Wayne Heili sold 583,470 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of A$0.11 ($0.07), for a total transaction of A$61,264.35 ($40,305.49). Wayne Heili also recently made the following trade(s): On Tuesday, August […]
The company is also the only ASX-listed uranium company that has the immediate ability to take advantage of US government programs supporting domestic.
Peninsula Energy Ltd s (ASX:PEN) (OTCMKTS:PENMF) Wayne Heili speaks to Proactive soon after receiving commitments from institutional and high net worth.
Peninsula Energy secures commitments for A$15 million equity raising for uranium purchase
The placement and SPP will fund the purchase of 300,000 pounds of uranium at a price of US$31.35 per pound, a strategic purchase that will assist the company as it transitions the Lance Project in Wyoming to a low pH ISR operation. Settlement is due next month and the uranium will be stored at the Cameco Facility in Ontario, Canada.
Peninsula Energy Ltd (ASX:PEN) (OTCMKTS:PENMF) (FRA:P1M) has received commitments from institutional and high net worth investors for A$13.4 million through a share placement at 15 cents per share.