placement

Level
2
,
100 Railway Road
, Subiaco
WA 6008
PO Box 8129, Subiaco East WA 6008
Phone: +61 (0)8 9380 9920
Fax: +61 (0)8 9381 5064
Peninsula Energy Limited
-
ABN: 67
062 409 303
10
March
201
4
C om p a n i es An n o un c em e n t O ffi c e
Vi a E l ec t r on i c L od g e m en t
PENINSULA
UNDERTAKES
$5
,000,000
PLACEMENT
Peninsula Energy Limited (P
eninsula
)
is pleased to
a
dvise that it has
placed
161.29
million new
shares at
3.
1
cents per share
to raise $5,000,000
(Placement).
The Placement has been taken up by funds managed by J.P. Morgan Asset Management
(J
PMAM
).
JPMAM
is
a
leading
global
asset manage
r
with assets under management of $1.5
trillion
.
RFC Ambrian
is
the Lead Manager to the Placement.
Funds received from the Placement will be used
for the ongoing construction activities at the
Lance Projects in Wyoming,
to progress feasib
ility studies at the Karoo Projects in South Africa,
and for
general
working capital
purposes
.
Peninsula Executive Chairman Gus Simpson stated,
“The Board is
delighted
to welcome
JPMAM
to the register
of Peninsula and looks forward to
a
long standing
mutually beneficial
relationship
.
”
The allotment of the Placement shares is not subject to shareholder approval and fall
s
within
the
Company’s
1
0
% placement capacity under ASX LR 7.1
A.