PEN 5.00% 10.5¢ peninsula energy limited

Ann: Peninsula Energy Securities Purchase Plan and Placement, page-33

  1. 4,502 Posts.
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    I believe they will accept up to twice the amount of oversubscription. Thereby raising $20M. Why raise debt when you have equity finance ready to go. Increases the options as well. Well that is what I would do if I were on the board.
 
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