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News: PEN Peninsula Energy Has Agreed To Purchase 300,000 Pounds Of Uranium At US$31.35 Per Pound

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    28/05/21
    11:50
    Post #: 53484863

    May 28 (Reuters) - Peninsula Energy Ltd (PEN) :

    • HAS AGREED TO PURCHASE 300,000 POUNDS OF URANIUM AT A PRICE OF US$31.35 PER POUND
    • HAS COMPLETED AN A$13.4 MILLION PLACEMENT AT 15 CENTS PER SHARE TO FUND PURCHASE OF URANIUM
    • FORECASTS REALISING NET CASH MARGIN OF US$7 MILLION TO US$8 MILLION IN CY2021 AND US$8 MILLION TO US$9 MILLION IN CY2022
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