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The latest announcement is out from Peregrine Gold Ltd. ( (AU:PGD) ).
Peregrine Gold Ltd. has executed an agreement with Mark Creasy for gold extraction at the Peninsula Prospect, marking a significant step in its Newman Gold Project. The company also sold its Deadman Flat & Perry Creek Project to Capricorn Metals Ltd for up to $3.75 million, bolstering its financial position. Additionally, Peregrine raised $1.7 million through a Non-Renounceable Entitlement Offer and plans to commence an 8,100m Aircore drill program at Tin Can. These developments are expected to enhance Peregrine’s exploration capabilities and strengthen its market positioning.
More about Peregrine Gold Ltd.
Peregrine Gold Ltd. is a company operating in the gold exploration industry, focusing on the exploration and development of gold projects. The company is involved in various projects across prospective zones for gold mineralization, including the Newman Gold Project and other prospects such as Birdsnest and Epithermal.
YTD Price Performance: 14.29%
Average Trading Volume: 129,854
Technical Sentiment Signal: Hold
See more insights into PGD stock on TipRanks’ Stock Analysis page.