Peregrine 2nd closing of private placement
by Jo Black
Mr. Brooke Clements, President of Peregrine Diamonds Ltd. announces the completion of a further portion of its non-brokered private placement of units for gross proceeds of $808,000. A total of 2,020,000 “non-flow-through” units consisting of one common share and one-half of a share purchase warrant were sold at a price of $0.40 per unit. Each whole share purchase warrant will entitle the holder thereof to purchase one common share at a price of $0.50 until April 1, 2009.
An additional closing of the balance of the “non-flow-through” units is anticipated to be completed prior to April 30, 2008.
The common shares and warrants issued under the private placement and the common shares issuable pursuant to the exercise of the warrants are subject to a hold period expiring on August 1, 2008.
Story link: Peregrine 2nd closing of private placement
Related news to "Peregrine 2nd closing of private placement"
- Peregrine Diamonds closes private placement
- Peregrine to raise $5.0 Million
- International Samuel announces non-brokered private placement
- Verena closes private placement
- Dianor completes $365,000 private placement
- Dianor completes $540,000 private placement
- Pangea prices $15M private placement
- Dianor engages Northern Securities
- Diamonds North closes non-brokered private placement
- Archangel to raise $170M
No Comments
No comments yet.
Sorry, the comment form is closed at this time.
Previous: « IDL diamond certification to Damas
Next: KimCor provides operations update »
Visited 285 times, 1 so far today since July 6th 2007