June 4 (Reuters) - Peninsula Energy Ltd PEN.AX :
* A$40.3 MILLION FULLY UNDERWRITTEN RENOUNCEABLE ENTITLEMENT OFFER AT 7.1C PER SHARE
* EQUITY RAISING WILL ALLOW PENINSULA TO FULLY REPAY ITS CORPORATE DEBT BALANCE
* DEBT REPAYMENT REMOVES NEED TO PURSUE URANIUM CONTRACT PARTIAL MONETISATION TRANSACTION
* CFO DAVID COYNE ADVISED CO HE INTENDS TO RESIGN