Wayne Heili

Peninsula Energy has signed an agreement to sell a portion of its interests in an existing long-term uranium sale and purchase deal for $US19 million ($23.7 million).

Uranium explorer Peninsula Energy is planning a $9.1 million capital raising to fund costs associated with its mines in the US, while De Grey Mining is planning to raise $5 million to fund exploration activities at its Mallina gold project, near Port Hedland.

Subiaco-based Peninsula Energy is raising $40.3 million under a heavily discounted rights issue to help repay its existing term debt and advance its flagship uranium project in the US.

Subiaco-based Peninsula Energy is using proceeds from a capital raising to fund its purchase of uranium concentrate, which may assist in the restart of its Lance operations in the US.

Peninsula Energy is tapping investors for up to $60 million through a deeply-discounted placement to help fund the restart of its Lance uranium asset in Wyoming.

Uranium company Peninsula Energy announced on Tuesday that its $10 million securities purchase plan had closed significantly oversubscribed, yielding $33.7 million from more than 2,000 investors.

Uranium explorer Peninsula Energy has appointed Willie Bezuidenhout as its interim chief financial officer, following Rachel Rees' departure from the company earlier this month.

Uranium explorer Peninsula Energy has announced it will raise $105.9 million in a bid to generate sustainable free cash flow and enhance activities at its US-based Lance project.

Uranium exploration company Peninsula Energy remains confident production will resume at its Lance uranium project at the end of the 2024 calendar year.

Days after global uranium powerhouse Kazapromtom confirmed it would reduce its 2025 full-year production guidance, Peninsula Energy has reiterated desire for operations to resume at its Lance project in the US.

Peninsula Energy shares were down 23 per cent to 6.4 cents early on Friday morning, as the uranium developer made a series of key announcements.

Uranium producer Peninsula Energy has appointed George Bauk as its managing director and chief executive, effective from January 20.

Today's board move wrap includes George Bauk, Wayne Heili, Phil Thick, Leong Man Loong, Michael Povey, Michael Rosenstreich, Michael Bohm, Steven Zaninovich and Brendan Ryan.