Kain Lawyers advised Shaw and Partners and Canaccord Genuity Australia on Peninsula Energy Limited’s Capital Raise
Kain Lawyers is pleased to have advised the joint lead managers and underwriters, Shaw and Partners and Canaccord Genuity Australia, in respect of Peninsula Energy Limited’s recent $105.9m placement and accelerated non-renounceable entitlement offer. The capital raise will put Peninsula Energy Limited in a strong financial position to complete key development and construction activities at Lance, Wyoming, USA, with the project on track for commissioning in late 2024. Strong demand and support from both new and existing global institutional and sophisticated investors was received under the institutional offer, with the retail entitlement offer to follow over the coming weeks. The Kain Lawyers deal team was led by John Kain and Alyce Ricciardi with assistance from Sophia Laparidis and Jeremy Harford. Congratulations to all involved. transactionspecialists
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