Peregrine Gold Ltd. ( (AU:PGD) ) has shared an update.
Peregrine Gold Ltd. has announced a shortfall offer prospectus to issue up to 5,383,771 shares at $0.15 per share, aiming to raise approximately $807,565.65. This initiative is part of the company’s strategy to enhance its financial position and support its ongoing projects. The offer includes one free attaching new option for every share applied for and issued, highlighting the speculative nature of the securities. The prospectus emphasizes the importance of professional advice due to the high-risk nature of the investment, and it is specifically targeted at Australian shareholders, excluding overseas investors due to regulatory constraints.
More about Peregrine Gold Ltd.
Peregrine Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in activities related to the extraction and processing of gold, catering primarily to markets interested in precious metals.
YTD Price Performance: 64.29%
Average Trading Volume: 98,929
Technical Sentiment Signal: Strong Sell
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