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Peregrine Gold Ltd. Issues Shares to Secure Tenement Application

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Peregrine Gold Ltd. Issues Shares to Secure Tenement Application

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The latest announcement is out from Peregrine Gold Ltd. ( (AU:PGD) ).

Peregrine Gold Ltd. has issued 274,510 fully paid ordinary shares to secure a tenement application with Nearology Pty Ltd, alongside an additional 50,000 shares to facilitate the transaction. This move allows the shares to be traded immediately under the exemption provided by section 708A(5) of the Corporations Act, potentially enhancing the company’s operational flexibility and market positioning.

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 involved in securing and managing mining tenements to expand its resource base.

Average Trading Volume: 212,346

Technical Sentiment Signal: Buy

Current Market Cap: A$26.59M

Find detailed analytics on PGD stock on TipRanks’ Stock Analysis page.

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