Peregrine Diamonds' Private Placement Raises $3.5 million
June 21, 13
(IDEX Online News) – Peregrine Diamonds Ltd. has completed its non-brokered private placement of 10 million common shares which raised $3.5 million. 
The common shares issued under the private placement are subject to a hold period of four months plus one day.
Proceeds from the private placement will be used for exploration and development of Peregrine's projects in Canada, and for general working capital purposes.