July 10, 2017 / 11:46 AM / 15 days ago

BRIEF-Peregrine Diamonds announces $10.28 mln rights offering

1 Min Read

July 10 (Reuters) - Peregrine Diamonds Ltd

* Peregrine Diamonds announces $10.28 million rights offering

* Says ‍shareholders of record on July 17, 2017 will receive one right for each common share held​

* Peregrine Diamonds- ‍proceeds of offering to be used to complete remainder of 2017 Chidliak Diamond Resource Expansion Program

* Peregrine Diamonds - ‍Eric Friedland, Newstar Securities Investments, Exploration Capital entered into standby purchase agreement with Peregrine​

* Peregrine Diamonds - purchasers severally agreed to collectively purchase up to 55.9 million common shares that are not otherwise purchased under offering​ Source text for Eikon: Further company coverage:

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