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 Thursday 21 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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