Peninsula Energy Limited

MD & CEO George Bauk is back on site at Lance as $PEN works through the final stages of the revised production plan to restart #uranium operations. See the Company's latest announcements: pel.net.au/investor-centr…

$PEN has secured up to US$15M in debt financing from global investment management firm Davidson Kempner, allowing the Company to continue key development and commissioning activities and finalise the reset of its sales contract book. See full details: bit.ly/4nH0SZu

$PEN is pleased to announce that it has received the main regulatory approvals required to commence uranium recovery operations at the Kendrick Project Area of the Lance Projects, located in Wyoming. See full details: bit.ly/4ka0e44

$PEN advises that Non-Exec Chairman, John Harrison, will retire from the Company’s Board, with effect from 30 April. Non-Exec Director, David Coyne, will become interim Chair effective 01 May. See the full announcement: bit.ly/42L8m3W

$PEN is pleased to announce the appointment of Jitu Bhudia as the Company’s CFO based at the Corporate Office in Perth, Western Australia. Mr. Bhudia is a seasoned CFO with over 25 years of experience working with ASX listed companies. See announcement: bit.ly/4bXy0Xh

$PEN is pleased to announce the release of its Quarterly Report for the period ending 31 Dec 2024. The Dec quarter was pivotal for the Company, highlighted by the commencement of operations following a five-year hiatus. Read the full report: bit.ly/4hFyNOt

$PEN has provided an update on the Lance Projects in Wyoming USA following the restart of operations. 1100lb of #Uranium was captured in the ion exchange system and held as WIP inventory at end of CY2024. $PEN will host a conference call on 16 January. bit.ly/4gOYgVB

$PEN is delighted to welcome George Bauk as its incoming MD & CEO. Mr Bauk will commence his role on 20 Jan. 2025. Mr Bauk brings over 30 years of global experience in commodities and has successfully led major projects from exploration to production. bit.ly/4gGzzdW

$PEN is pleased to announce the official commencement of production at the flagship Lance Projects in Wyoming USA. Restart of Mine Unit 1 at Lance is a historic milestone for $PEN on its journey to become a fully independent producer of yellowcake. bit.ly/4glIFwx

$PEN MD and CEO Wayne Heili recently presented at the RIU Uranium Investment Day, providing a detailed update on the Lance Project as the company works toward production restart in late Q4 becoming the latest ASX-listed #uranium company to enter production bit.ly/3ANuJfh

$PEN is pleased to announce the appointment of Mr Frederic Guerin to the position of Chief Operating Officer and Senior Vice President of Geology commencing on 25 November. See the full announcement: bit.ly/3CG960X #uranium

$PEN is pleased to release its September Quarterly Activities Report. Key workstreams included ongoing site preparations and construction activities at the flagship Lance #uranium Project in Wyoming, USA with $PEN on track for restart in Dec. 2024 bit.ly/3AwWQ1U

This week, $PEN had the pleasure of welcoming our Board of Directors to site, providing a comprehensive tour of the plant and highlighting the significant progress made ahead of the upcoming #uranium production restart.

U.S. data center power use expected to roughly triple between 2023–2030 & will require about 47 gigawatts of new generation capacity according to Goldman Sachs estimates $PEN is on track to restart operations at the Lance Projects in late Q424 #uranium reut.rs/3Y9KtR9

$PEN is pleased to provide an update on construction and development activities at the Lance Project ahead of production restart. Once back in production, $PEN will be a fully independent end-to-end producer of yellowcake and a key supplier of #uranium. bit.ly/4dJFlsN

$PEN's Lance Project is on track to resume production in late 2024 and become a key North American #uranium operation. A recent article by @CNBC outlined how the USA needs to triple its nuclear fleet to keep pace with the growing energy demand. bit.ly/3Y0gkFg

#ICYMI $PEN MD, Wayne Heili, delivered a progress update at the Emerging Growth Conference last week providing insight into the imminent production restart at the Company’s flagship Lance #Uranium Project. See the replay: bit.ly/3Bp9Eb0

Wayne Heili will present at Emerging Growth Conference next Wed Sep 25 at 03:40pm US ET - 03:40am AWST (Sep 26) $PEN is in a strong position to become the next ASX-listed #uranium company to enter production with operations on track to restart in late Q4 bit.ly/3ZrzZyZ

Last week Wayne Heili was in London & attended the World Nuclear Symposium. During his time he sat down with @MoshiGordon from @CruxInvestor to discuss the Symposium & exciting look ahead as $PEN focuses on production restart at Lance in Q424 #uranium bit.ly/4eda4PE

$PEN MD & CEO Wayne Heili was recently interviewed by @proactive_UK. Wayne discusses the milestones achieved by $PEN at Lance in August and the key activities ahead, as the Company works towards restarting #uranium operations in late 2024 Link- bit.ly/3XfX30L