Peninsula Energy to Webcast Live at VirtualInvestorConferences.com October 19th, 2021

Rhea-AI Summary

Peninsula Energy Ltd. (ASX:PEN; OTCQB:PENMF) will present live on October 19, 2021 at VirtualInvestorConferences.com. The Managing Director, Wayne Heili, will engage with investors, who can ask questions in real-time. The company has reported significant progress on its Lance Uranium ISR Project in Wyoming, transitioning to a low pH ISR process. Key highlights include a successful 12-month field demonstration and projected uranium sales of 450,000 pounds in 2022, with net cash margins between US$8 million to US$9 million.

PERTH, Australia, Oct. 18, 2021 /PRNewswire/ -- Peninsula Energy Ltd. (ASX:PEN; OTCQB:PENMF), based in Perth, Western Australia announced that Wayne Heili, Managing Director and CEO will present live at VirtualInvestorConferences.com on October 19^th, 2021.

Peninsula owns 100% of its Flagship Lance Uranium ISR Project located in Wyoming USA. The Company has experienced a very successful 12 months highlighted by excellent progression of its critical MU1A Low pH ISR Field Demonstration at Lance.

DATE: Tuesday October 19, 2021
TIME: 13:30 US Eastern Time
LINK: https://bit.ly/3iUhKfJ

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

Recent Company Highlights

• Flagship Lance Project one of the largest US-based uranium projects
• A well-defined pathway to restart commercial operations
• Successfully advancing transition to low pH ISR process through MU1A Field Demonstration
• Demonstration has been operating successfully for over 12 months and delivering meaningful and valuable results
• Demonstration expected to be completed in 1H2022, with a Final Investment Decision to follow
• CY2022 uranium sales of 450,000 pounds for net cash margin of US$8 million to US$9 million
• Strong balance sheet with cash and uranium inventory holdings

Peninsula Energy

Uranium extraction for a green energy future.

Peninsula Energy Limited is an ASX listed listed company also trading on the OTCQB. Peninsula owns the Lance Uranium Projects in Wyoming, USA which are in transition from an alkaline to a low pH in-situ recovery operation, with the primary aim of achieving the operating performance and cost profile of industry leading uranium projects.

About Virtual Investor Conferences^®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

 

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SOURCE VirtualInvestorConferences.com

FAQ

What is the date and time of Peninsula Energy's presentation at Virtual Investor Conferences?

Peninsula Energy's presentation is scheduled for October 19, 2021, at 13:30 US Eastern Time.

Who is presenting for Peninsula Energy at the investor conference?

Wayne Heili, the Managing Director and CEO, will present for Peninsula Energy.

What is the focus of Peninsula Energy's Lance Uranium Project?

The Lance Uranium Project focuses on transitioning to a low pH in-situ recovery operation for uranium extraction.

What are the expected uranium sales for Peninsula Energy in 2022?

Peninsula Energy expects to achieve uranium sales of 450,000 pounds in 2022.

What are the financial margins expected from Peninsula Energy's 2022 uranium sales?

The net cash margins from the 2022 uranium sales are projected to be between US$8 million and US$9 million.