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| Home : Peregrine Announces $3 Million Private Placement |
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Dec 18
2013 |
Peregrine Announces $3 Million Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2013) - Peregrine Diamonds Ltd. ("Peregrine") (TSX:PGD) is pleased to announce a non-brokered private placement of 4,616,222 common shares at a price of $0.65 per share for gross proceeds of $3,000,544 (the "Placement"). The common shares issued under the Placement will be sold on a "flow-through" basis pursuant to the Income Tax Act (Canada) and purchased by institutional investors. A cash fee equal to six percent of the gross proceeds will be paid as a Finder's Fee to Secutor Capital Management Corp., an Investment Industry Regulatory Organization of Canada member firm. |
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| Source:http://www.marketwired.com/mw/release.do?id=1863418&sourceType=3 |
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