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Mining

Peninsula Energy enters trading halt pending changes to uranium agreements

Peninsula recently achieved its third successive quarter of increased uranium production.

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.

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