logo-loader

Peninsula Energy enters trading halt pending changes to uranium agreements

Published: 12:26 30 Jan 2018 AEDT

ASX sign
38,800 pounds of uranium produced in the December quarter

Peninsula Energy Ltd (ASX:PEN) has been granted a trading halt by the ASX pending changes to Peninsula's uranium concentrate sale and purchase agreements.

Shares will remain in a trading halt until the earlier of the commencement of normal trading on Thursday, 1 February 2018, or when the changes are finalised.

READ: Peninsula Energy lifts uranium production for third straight quarter

Peninsula recently achieved its third successive quarter of increased uranium production from the Lance Projects in the U.S.

There were circa 38,800 pounds of uranium produced in the December quarter, 4,300 pounds more than the previous quarter.

Peninsula Energy to be largest US-based end-to-end uranium producer

Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF) CEO Wayne Heili speaks with Proactive soon after announcing the company has secured binding commitments to raise A$50 million via a placement to global institutional and sophisticated investors to fund continuing construction works and wellfield...

on 22/11/23