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Peninsula Energy Announces CEO and Board Changes

Peninsula Energy Announces CEO and Board Changes

Peninsula Energy Limited (ASX:PEN) advises that Mr John (Gus) Simpson will be stepping down from his position as Managing Director and Chief Executive Officer and also
from the Board of the Company and all its subsidiaries, effective immediately.

This decision follows careful consideration by the Board of the key operational and commercial

Share Purchase Plan Raises A$14.2 Million

Share Purchase Plan Raises A$14.2 Million

Peninsula Energy’s (ASX:PEN) fully underwritten A$6.5 million Share Purchase Plan (SPP) closed heavily oversubscribed.

Under the SPP, Eligible Shareholders were invited to subscribe for up to $15,000 worth of Shares at $0.50 per Share, being the same price as the institutional placement completed in December 2016.

Ur-Energy Releases 2016 Q3 Results

Ur-Energy (NYSE:URG) has filed its Form 10-Q for the third quarter ending September 30, 2016.

As quoted in the press release:
Lost Creek Uranium Production and Sales
During the nine months ended September 30, 2016, we captured 434,446 pounds of U3O8 within the Lost Creek plant. 450,045 pounds were packaged in drums and

Ur-Energy Provides 2016 Q3 Operational Results

Ur-Energy (NYSE:URG) has provided its operational results for the third quarter of 2016.

As quoted in the press release:
Lost Creek Uranium Production and Sales
For the quarter, 141,774 pounds of U3O8 were captured within the Lost Creek plant. 145,893 pounds of U3O8 were packaged in drums and 149,540 pounds of drummed U3O8

Uranium Mining in the United States

Uranium Mining in the United States

The US currently ranks ninth in the world for known uranium resources with 207,000 tonnes of uranium, behind Australia, Kazakhstan, Canada, Russia, South Africa, Namibia, Brazil and Niger. Mining operations are currently undertaken by a few companies on a relatively small scale. However, exploration is being conducted by many companies

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