PROJECT FINANCE

Peninsula seeks $40M at deep discount to destroy debt

PENINSULA Energy is going all-in in the wake of US president Donald Trump’s backing for the nuclear sector by raising A$40.3 million, and Canaccord Genuity is along for the ride, underwriting a massive capital raising that exceeded the junior’s most recent market capitalisation.

Lance needs around six months to resume production as soon as the markets are there.

Lance needs around six months to resume production as soon as the markets are there.

The nine-for-five renounceable entitlement offer will wipe out Peninsula's $26 million in debts to Resource Capital Fund, Pala Investments and Collins Street Value that almost undid the company last year,...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: New financial metrics boost Coburn's attractiveness
PREVIOUS: Hastings signs critical agreement

MOST POPULAR

1

M&A

Antipa takes cash for Citadel as Rio bulks up Winu

2

CAPITAL MARKETS

Executive Outcomes: Rox, Vulcan and more

3

PROJECT FINANCE

Lion seizes chance to take a bigger bite of Brightstar

4

PRECIOUS METALS

White metal stocks in demand on Black Friday

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902