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| Home : Peregrine Completes $2.19 Million Private Placement |
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Dec 31
2014 |
Peregrine Completes $2.19 Million Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 30, 2014) - Peregrine Diamonds Ltd. ("Peregrine" or "Company") (TSX:PGD) 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. |
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| Source:http://www.marketwired.com/mw/release.do?id=1979810&sourceType=3 |
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