TIDMPGL

RNS Number : 0242R

Peninsular Gold Limited

24 June 2015

PENINSULAR GOLD LIMITED

("Peninsular" or the "Company")

Extension of Maturity Date of GBP1.2 million Convertible Redeemable Loan Notes

Further to its announcement of 12 December 2014, Peninsular Gold Limited announces that it has secured agreement from the holders of GBP1.2 million convertible redeemable loan notes issued by the Company to further extend the maturity date under the Loan Notes from 23 June 2015 until 31 December 2015.

As per the Company's announcement of 1 June 2015, the Group is continuing to negotiate arrangements with its banking syndicate and creditors in respect of its repayment obligations. The Company is continuing discussions with several interested parties as it also seeks to raise further funds during June.

Further announcements will be made when appropriate.

 
 Dato' Sri Andrew TY             Patrick Watson 
  Kam                             Finance Director 
  Chairman and Chief Executive    Peninsular Gold Ltd. 
  Peninsular Gold Limited         Tel: +44 (0)7799 885653 
  Tel: +60 (0)3 2698 8381 
------------------------------  ------------------------- 
 Samantha Harrison               Martin Lampshire 
  Nominated Advisor               Broker 
  RFC Ambrian Limited             Daniel Stewart & Co. 
  Tel: +44 (0)20 3440             Ltd. 
  6800                            Tel: +44 (0)20 7776 
                                  6550 
------------------------------  -------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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