Peninsula shares last traded at $0.78, with recent strong gains due to the uranium price increasing by around one-third.
Eligible shareholders can apply for either of the following denomination parcels: $2,500, $5,000, $7,500, $10,000, $12,500 or $15,000.
Peninsula added that applications may be scaled back based on demand, as the offer is seeking to raise $6.5 million.
- Offer closes: 5.00 pm (Perth time) 3 March 2017.
- Issue of new shares: 13 March 2017.
- Quotation of new shares on ASX: 14 March 2017.
- Dispatch of holding statements: 14 March 2017.