Peninsula Energy Limited

Peninsula Energy Limited (ASX:PEN)

Offer Price

A$0.300

per share

Offer Size

A$21,900,000

Open Now!
Apply Now

Peninsula Energy Limited (ASX:PEN)

PEN

Lead Manager

Offer Price

A$0.300

per share

Offer Size

A$21,900,000

Offer Details

Issue Price (Per Share)

A$0.300

Discount

45.45%

Offer Size

A$21,900,000

Shares Available

72,900,000

A fully underwritten institutional placement of New Securities to raise approximately A$21.9 million (before costs) (“Placement”) comprising:

  • an unconditional placement of approximately 47.9 million New Securities equating to approximately A$14.4 million (before costs), utilising the Offeror’s available ASX Listing Rule 7.1 placement capacity and in reliance on a standard supersize waiver from ASX (“Tranche 1”); and
  • a conditional placement of approximately 25.0 million New Securities equating to approximately A$7.5 million (before costs), subject to securityholder approval of the Company for the purposes of the ASX Listing Rules at the Company’s Extraordinary General Meeting (“EGM”) expected to be held on 30 September 2025 (“Tranche 2”)

Discounts

New Securities issued under the Equity Raise will be issued at a price of A$0.30 per New Security, representing a:

  • 51.6% discount to the last traded price of A$0.62 on Wednesday, 16 April 2025

Documents & Downloads

Use of Funds

Use of Funds

1.

CPP Construction Costs

2.

Infrastructure, Well Fields, Header Houses

3.

Studies (Kendrick and Dagger)

4.

Sales Contracts Termination

5.

Corporate and Working Capital

Indicative Timetable

Placement opens

Friday, 22 August 2025

Placement closes (APAC)

5pm Friday, 22 August 2025

Placement closes (RoW)

9pm Friday, 22 August 2025

Results of Placement announced and trading resumes on an ex-entitlement basis

Tuesday, 26 August 2025

Settlement of Tranche 1

Monday, 1 September 2025

EGM Date

Late September 2025

Settlement of Tranche 2

Early October 2025

Disclaimer

This site does not constitute an offer, recommendation, or invitation to any person, nor does it purport to provide all of the information an interested party may require in order to investigate the affairs of Peninsula Energy Limited. This site is provided for information only and has not been prepared with the intention that the recipient should rely on it. Liquidity Technology Pty Ltd ("Liquidity") does not make any representation in relation to the contents of this site or give any assurances as to the accuracy or the degree of care or diligence used in preparing this document. The information, data, and advice herein is provided to recipients on the clear understanding that Liquidity nor any of its representatives, directors, officers, employees, agents, or advisers makes any representation or warranty about its accuracy, reliability, completeness, or suitability for any particular purpose and does not accept liability (including, but not limited to, for any expenses, losses, damages, and/or costs (including, but not limited to, indirect or consequential damage)) nor take any responsibility of any kind whatsoever (including, but not limited to, whether in contract, tort, financial or otherwise) for the information, data, or advice contained in or for any omission or for any other information, statement, or representation provided to any recipient (including, but not limited to, as a result of information, data, or advice being inaccurate, unreliable, incomplete, or unsuitable in any way and for any reason whatsoever). Users of this site must conduct their own investigation and analysis regarding any information, statement, or representation contained or provided to any recipient or its associates by Liquidity or any of the Liquidity Personnel. Each recipient waives any right of action, which it has now or in the future against Liquidity or any of the Liquidity Personnel in respect of any errors or omissions on or from this site, however caused. All rights are reserved. If the whole or any part of a provision of this "Notice and Disclaimer" is invalid, illegal, or unenforceable, then such provision will be severed and neither that part or provision or its severance will affect the validity or enforceability of the remaining parts or provisions.

Disclosure of Interest: Liquidity receives commission from dealing in securities and its introducers of business may directly share in this commission. Liquidity and its associates may hold shares in Peninsula Energy Limited.

Peninsula Energy Limited

Placement

Peninsula Energy Limited (ASX:PEN)

PEN

Offer Price

A$0.300

per share

Offer Size

A$21,900,000

Cancel

I am a sophisticated 708 investor and agree to the terms and conditions

Peninsula Energy Limited

Follow Peninsula Energy Limited

By submitting your information below you can keep up to date with their relevant news and announcements.

Fields marked with * are required.

Name(Required)

Cancel

Peninsula Energy Limited

Ask Peninsula Energy Limited a question

Ask the company directors a question to understand more about their offering.

Fields marked with * are required.

Name(Required)

Cancel

Peninsula Energy Limited

Submit your details below to get access to the product documents and invest.

Cancel