Here is that announcement...
31 Ord Street, West Perth WA 6005,
PO Box 781, West Perth WA 6872
Phone: +61 (0) 8 9420 9333 Fax: +61 (0) 8 9321 2477
Peninsula Minerals Limited - ABN: 67 062 409 303
5 June 2007
Companies Announcement Office
Via Electronic Lodgement
NON-RENOUNCEABLE ENTITLEMENT ISSUE
On 11 April 2007 Peninsula Minerals Limited (“the Company”) announced that it will
be offering its shareholders a non-renounceable entitlement issue of one (1) fully paid
ordinary Share with one (1) free attaching Option for every ten (10) Shares held by
Shareholders registered at 5.00pm (WST) on 14 June 2007 at an issue price of 6 cents
per Share (“Entitlement Issue”). The options are exercisable at 10 cents per option on
or before 30 June 2010. It is intended that the options be quoted on the Australian
Securities Exchange (“ASX”).
The Company today lodged a Prospectus setting out the details of the Entitlement
Issue with the Australian Securities and Investments Commission. A copy of the
Prospectus was also lodged with the ASX and is available on their website.
It is anticipated that the Prospectus will be sent to shareholders in Australia and New
Zealand on 20 June 2007. Please be advised that the Entitlement Issue is not being
made, and no securities will be issued to, any Shareholders whose registered address
is outside Australia or New Zealand.
Proposed Timetable
The timetable in respect of the Entitlement Issue is as follows:
Lodgement of Prospectus with ASIC and ASX 5 June 2007
Notice in relation to Entitlement Issue despatched to Shareholders 6 June 2007
Securites quoted Ex Entitlement 7 June 2007
Record Date for determining entitlements 14 June 2007
Prospectus despatched to Shareholders 20 June 2007
Closing Date of Offer 5 July 2007
Allotment and despatch of holding statements 12 July 2007
Please note that these dates have been determined based upon current
expectations of the Directors and may be changed without notice.
31 Ord Street, West Perth WA 6005,
PO Box 781, West Perth WA 6872
Phone: +61 (0) 8 9420 9333 Fax: +61 (0) 8 9321 2477
Peninsula Minerals Limited - ABN: 67 062 409 303
The Company advises that the record date for the Entitlement Issue will be 14 June
2007 and the Company’s shares will trade on the ASX on an “ex entitlement” basis on
7 June 2007. It is noted that “ex entitlement” basis means that Company shares
purchased on or after 7 June 2007 will not be included in the Company’s share
register for determining shareholders entitlements as at the record date.
Underwriting Agreement
As announced to the ASX on 11 April 2007, an underwriting agreement has been
entered into with Euroz Securities Limited (“Euroz”), to underwrite a minimum shortfall
of 50 million shares under the Entitlement Issue (“Underwriting Agreement”). Under the
terms of the Underwriting Agreement and in the event that there is a shortfall from the
Entitlement Issue which is less than 50 million shares, the Company will undertake a
placement (as soon as possible after the closing date of the Entitlement Issue)
through Euroz, for the balance of the shares, up to a maximum of 50 million shares.
The Placement will be made on the same terms and conditions as the Entitlement
Issue.
Dealing with Entitlements
The Entitlement Issue is non-renounceable, which means if shareholders do not wish to
take up their Entitlement they cannot sell their Entitlement, it simply lapses.
Accordingly Shareholders can choose one of the following options in relation to their
respective Entitlement Issue:
• Take up their Entitlement in full
• Take up part of their Entitlement
• Allow their Entitlement to lapse
Yours Sincerely
Jonathan Whyte
Company Secretary
For further information, please contact our office on (08)9420 9333 during normal business
hours.
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Last
8.0¢ |
Change
0.002(2.56%) |
Mkt cap ! $254.9M |
Open | High | Low | Value | Volume |
8.1¢ | 8.2¢ | 7.9¢ | $904.8K | 11.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 547650 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 261157 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 547650 | 0.079 |
10 | 1586296 | 0.078 |
10 | 1246077 | 0.077 |
17 | 1114287 | 0.076 |
23 | 4073031 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 261157 | 2 |
0.081 | 327678 | 2 |
0.082 | 280001 | 2 |
0.083 | 702914 | 1 |
0.084 | 20658 | 2 |
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