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Peninsula Energy Ltd To Update On Project Expansion Funding

Peninsula Energy Ltd (ASX:PEN) has been granted additional time to finalise a capital raising, in the form of a voluntary suspension.

It is expected the voluntary suspension will be lifted on or before Thursday 24 March 2016.

Peninsula recently received proposals, and executed one non-binding term sheet, for an Income Streaming facility to fund expansion at the Lance uranium project, located in the Powder River Basin, Wyoming, U.S.

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