4 January 2017
January 4, 2017
Peregrine Diamonds Ltd. (“Peregrine Diamonds” or “the Company”) (TSX:PGD) is pleased to announce the appointment of Chantal Gosselin to its board and updates to its senior management team.
Ms. Gosselin has more than 24 years of combined experience in the mining industry and capital markets. She most recently held the position of Vice President and Portfolio Manager at Goodman Investment Counsel. Previously, she served as a senior mining analyst at Sun Valley Gold LLP, a precious metals focused hedge fund, the senior mining analyst and partner of Genuity Capital Markets and held positions with Haywood Securities and Dundee Securities. Previously, she held various mine-site management positions in Canada, Peru and Nicaragua.
Starting at the end of 2015, Management has undertaken certain reorganizational initiatives that have resulted in decreased administrative costs through the balance of 2016. As part of this focus on cost reduction, effective January 4, 2017, Peregrine’s President and CEO, Mr. Tom Peregoodoff, has also been appointed President and CEO of Kaizen Discovery Inc. Mr. Peregoodoff’s duties in his role as President and CEO of Peregrine Diamonds will continue unaffected by this appointment to Kaizen’s management team and Mr. Peregoodoff will share his time and costs between the two companies. Kaizen Discovery is a TSX-V listed company controlled indirectly by Robert Friedland, a major shareholder of Peregrine Diamonds.