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17 Dec 2014

Clayton Utz advising Peninsula Energy on $69.4 million equity and debt funding

17 December 2014: Clayton Utz is advising ASX-listed uranium miner Peninsula Energy Ltd (ASX:PEN) on its A$69.4 million equity and debt funding, to enable Peninsula to complete stage 1 construction and commence production at its Lance ISR projects in Wyoming. 

The funding arrangements include a A$16.8 million institutional placement, a A$52.6 million accelerated renounceable entitlement offer and a US$15 million debt facility. 

The Clayton Utz team is led by Perth corporate partner Matthew Johnson and senior associate James Clyne.

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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.