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Peninsula Energy's substantial shareholder lifts position

Peninsula was cash flow positive during the September quarter.
Peninsula Energy's substantial shareholder lifts position
Peninsula is a uranium producer

Peninsula Energy Ltd's (ASX:PEN) substantial shareholder, Global X Management Company, has increased its stake in the company to 9.94% from 8.64%.

Peninsula is producing uranium from the Lance ISR Project in the U.S. state of Wyoming.

Wyoming is a premier uranium extraction jurisdiction, hosting multiple ISR operations.

READ: Peninsula Energy records positive quarterly operating cash flow

Peninsula continues to take advantage of the current low uranium price environment by purchasing uranium to meet commitments under certain term contracts.

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Peninsula Energy Ltd Timeline

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