Oct 13 (Reuters) - Peninsula Mines Ltd PSM.AX :
* Placement and proposed partial loan conversion PSM.AX
* Received binding subscription agreements for a placement of shares and options
* Agreements for a placement of shares and options to raise in the first instance up to approximately $305,000
* Funds will be used for ongoing exploration of the company's south korean exploration projects"
* Agreement reached with major shareholder Aurora minerals for conversion into equity of part of outstanding loan
* Aurora will subscribe for up to 28.3 million shares and 14.2 million options
* Source text for Eikon ID:nASX9DXTsM