Ann: Peninsula Energy Securities Purchase Plan and Placement, page-27

Hi guys, can others please re-read the options entitlement description. The whole option thing is terribly unclear as we cannot assume we will receive the options automatically. It sounds like there is a separate application process. I rang Link and they advised me to call Shaw and partners or Cannacord.

6.2 Placement Options Offer
Applications for New Options under the Placement Options Offer may only be submitted by the
Placement Recipients (or their nominees).
Peninsula Energy Limited Prospectus Page 42 of 60
Red Cloud and the Joint Lead Managers have separately advised the Placement Recipients of
the application procedures for the Placement Options Offer. Placement Options Application
Forms will only be provided to these Placement Recipients.
Completed Placement Options Application Forms must be returned to the email address set out
on the Placement Options Application Form, with sufficient time to be received by or on behalf
of the Company by no later than 5:00pm (AWST) on the Closing Date.