Peninsula Energy Ltd (ASX:PEN) has been granted additional time by the ASX to outline details of project expansion funding, with the extension of a voluntary suspension.
Peninsula said that it anticipates that it will be in position to make this announcement to the market on or before Friday 8 April, 2016.
Peninsula recently received proposals, and executed one non-binding term sheet, for an Income Streaming facility to fund expansion at the Lance uranium project, located in the Powder River Basin, Wyoming, U.S.
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