| Peregrine Completes $2.19 Million Private Placement | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 30, 2014) - Peregrine Diamonds Ltd. ("Peregrine" or "Company") (PGD.TO) is pleased to announce that further to its press release of December 22, 2014, the Company has completed its non-brokered private placement of 10,441,189 common shares at a price of $0.21 per share for gross proceeds of $2,192,649 (the "Placement"). The common shares issued under the Placement were sold on a "flow-through" basis pursuant to the Income Tax Act (Canada) and purchased by institutional investors and certain directors of the Company. The common shares issued under the Placement are subject to a six-month hold period that expires on July 1, 2015. Peregrine paid a cash finder's fee of $128,472 in connection with Placement proceeds from placees introduced by Secutor Capital Management Corp., an Investment Industry Regulatory Organization of Canada member firm. Proceeds from the Placement will be used for Peregrine's mineral exploration projects in Canada.
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Peregrine Diamonds Ltd.
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EXPLORATION STAGE |
CODE : PGD.TO |
ISIN : CA7139161045 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Peregrine Diamonds is a diamonds development stage company based in Canada. Peregrine Diamonds holds various exploration projects in Argentina and in Canada. Its main exploration properties are LAC DE GRAS EAST, CROSSWELL RIVER PROPERTY, MACKAY LAKE WEST, WEIR RIVER PROPERTY, NANUQ, LAC DE GRAS WEST, PELLATT LAKE PROPERTY, MIRAGE BAY - BAFFIN ISLAND, FOXE BASIN BAFFIN ISLAND, WO PROPERTY & DO-27 KIMBERLITE, NANUQ NORTH, CHIDIAK-BAFFIN ISLAND, QILAQ and MACKAY LAKE in Canada and ALTAR PORPHYRY in Argentina. Peregrine Diamonds is listed in Canada. Its market capitalisation is CA$ 78.0 millions as of today (US$ 61.3 millions, € 51.0 millions). Its stock quote reached its highest recent level on October 02, 2009 at CA$ 4.65, and its lowest recent point on February 12, 2016 at CA$ 0.09. Peregrine Diamonds has 339 329 984 shares outstanding. |