Global X now holds 7.46%, up from 6.40%.
The company is producing uranium from the Lance Projects which have a mine life of at least 20 years, underpinned by 53.7 million pounds, the largest uranium ISR JORC-Code compliant resource in North America.
Share purchase plan underway
Peninsula currently has a share purchase plan open, offering $15,000 at $0.50 a share, the same price as the recent placement.
The company is expected to receive very strong interest as the offer is heavily in the money, with shares currently trading at $0.78.