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PGD - Peregrine Gold (1 Viewer)

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Peregrine Gold Limited has entered into a share purchase agreement whereby it will acquire 100% of Pilbara Gold Exploration Pty Ltd (PGE) which has a contractual right to acquire a suite of tenements comprising the Pilbara Gold Project. Completion of Peregrine's acquisition of PGE and PGE's acquisition of the Tenements will occur on the same day so that Peregrine will own 100% of the shares in PGE which will in turn hold the Pilbara Gold Project.

The Pilbara Gold Project comprises seven tenements of which three are granted (E52/3783, E52/3785 and E52/3786) and four applications pending grant (E52/3826, E52/3828, E52/3841 and E52/3850).

The Pilbara Gold Project is an early stage exploration project that is located in the Pilbara region of Western Australia which is considered prospective for gold. The Pilbara Gold Project currently has no reported Mineral Resources or Exploration Targets.

It is anticipated that PGD will list on the ASX during March 2021.

 

Dona Ferentes

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Listing date22 March 2021 #
Company contact detailshttps://peregrinegold.com.au/
Ph: +61 8 9322 6322
Principal ActivitiesMineral exploration
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codePGD
Capital to be Raised$2,500,000
Expected offer close date26 February 2021
UnderwriterNot underwritten
 

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