PEN peninsula energy limited
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Ann: Proposed issue of securities - PEN, page-3

  1. arsenic
    16,772 Posts.
    lightbulb Created with Sketch. 1682
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    10/07/25
    10:43
    Post #: 79745388
    Yeah. They gave us what for what's more they want to convert the $10 m debt into convertible notes.
    I bet that strike price is 30c too. In effect, they couldn't raise debt they had to raise quasi-equity.

    The same weasel words and lack of ability.

    All IMVHO.
    Last edited by arsenic: 10/07/25
    PEN Price at posting: 62.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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