Peninsula Energy LimitedASX: PEN

Final Conversion of Convertible Loan Facility

· Issued by Peninsula Energy Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

Peninsula Energy Limited has announced the final conversion of a convertible loan facility, resulting in the issuance of ordinary shares to the lender's nominee. The conversion reduces the company's outstanding debt to the lender to nil, following the conversion of a significant amount under the facility. Additionally, the company has entered into a new senior secured convertible note debt facility with another investor, pending customary conditions.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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