Brisbane Times · general

Peninsula trims debt as lender backs equity swap for US uranium project

1 hour ago

Peninsula Energy Limited reduced its debt by US$4.1 million through an equity swap on October 19, completing a partial conversion of its convertible loan facility. The move leaves US$4.2 million of debt outstanding and aligns with the company's US$70 million equity raise aimed at funding its Wyoming uranium project.

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Summary by Glance · Original reporting by Brisbane Times

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