Peninsula Energy Limited announced 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. The company also announced that experienced uranium mining executive Mr. Wayne Heili has been appointed to the role of Managing Director and Chief Executive Officer, effective 3 April 2017. The company announced that Mr. Warwick Grigor and Mr. Richard Lockwood have agreed to step down from the Board to focus on their other business interests.

Mr. David Coyne has accepted an invitation to join the Board in an executive capacity as Finance Director, effective 27 March 2017.