Newest uranium producer Peninsula Energy (ASX:PEN) has filed an amended registration statement with the United States Securities and Exchange Commission to clear the way for listing of Peninsula shares on a U.S. stock exchange.
The updated registration included changes to reflect the company is now in production as well as other requested information.
Peninsula is seeking a secondary listing of American Depositary Shares on the NYSE MKT.
The ramp up at Peninsula's Lance in-situ recovery uranium project in Wyoming, U.S.A is on track with production well flow-rates slightly above expectation.
Since the start of production uranium head grades are increasing daily in line with expectation and several production wells are already producing uranium concentrations in excess of the rates used in the life of mine (LOM) production forecasting.
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