Peninsula Energy (AU:PEN) has released an update.
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Peninsula Energy Limited has announced the issuance of 275,202 fully paid ordinary shares under its long-term incentive plan, highlighting its commitment to rewarding staff and boosting morale ahead of its Lance Projects’ production restart in December 2024. The company is poised to strengthen its position as a key uranium supplier with existing sales contracts across the US and Europe. This move underscores Peninsula’s strategic focus on expanding its market reach and enhancing shareholder value.
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