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Peninsula Energy substantial holder lifts stake as uranium price rallies

Peninsula Energy (ASX:PEN) has been advised that substantial shareholder, Global X Management Company Co LLC, has lifted its stake in the company.
Peninsula Energy substantial holder lifts stake as uranium price rallies
Peninsula is producing uranium from the Lance Projects

Global X now holds a 6.4% interest, up from 5.32%.

Peninsula is producing uranium from the Lance Projects, which are located in Wyoming, U.S.

Shares in the company have been performing strongly recently, up around 60% since the $8.5 million capital raising in December 2016.

The price of uranium has added a third in value over the time.

View full PEN profile

Peninsula Energy Timeline

Newswire
December 06 2016

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