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PGD, PEREGRINE GOLD LIMITED
nipper
post Posted: May 4 2021, 12:22 PM
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Posts: 8,857
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In Reply To: nipper's post @ Mar 30 2021, 11:37 AM

now up and trading... latest was 30c


And in April, PGD has acquired a 70% interest in Exploration Licence, E45/2763, from a private outfit LMTD WITS P/L, which is prospective for gold and base metal mineralisation in the Pilbara region of Western Australia. The tenement known as Stoney Creek, is approximately 35km east of Calidus Resources (ASX: CAI) Warrawoona Gold Project.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Mar 30 2021, 11:37 AM
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Posts: 8,857
Thanks: 2733


Peregrine Gold Limited (PGD) has raised $2.5M via an IPO at 20c a share, and is looking to list on the ASX 31 March, (a few days late).

The company has entered into a share purchase agreement whereby it will acquire 100% of unlisted Pilbara Gold Exploration Pty Ltd 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.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
 



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