Peninsula Energy Ltd's (ASX:PEN) (OTCMKTS:PENMF) Wayne Heili speaks to Proactive soon after receiving commitments from institutional and high net worth investors for A$13.4 million through a share placement at 15 cents per share. A share purchase plan (SPP) will also be offered to eligible shareholders to raise up to a maximum of A$2 million at the same share price as the placement. Net proceeds will be used to settle the purchase of 300,000 pounds of natural uranium concentrates.
Peninsula Energy CEO details $15 million raise for uranium purchase
