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.
PEN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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