28 January 2016
Peregrine Diamonds Ltd. ("Peregrine") is pleased to announce that it has received gross proceeds of $5.64 million from its rights offering which was announced on November 19, 2015 and completed on January 26, 2016.
An aggregate of 56,412,307 common shares of Peregrine were issued pursuant to the rights offering.
As a result of the completion of the rights offering, a total of 339,075,905 common shares of Peregrine are now issued and outstanding.