Peregrine Gold Ltd. (AU:PGD) has released an update.
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Peregrine Gold Ltd. is offering a pro-rata non-renounceable entitlement issue, giving shareholders the opportunity to acquire additional shares at $0.15 each, with a free attaching option, aiming to raise up to $2.54 million. This move is designed to engage current shareholders while potentially enhancing liquidity in the market. However, potential investors should be aware that these securities are considered highly speculative.
For further insights into AU:PGD stock, check out TipRanks’ Stock Analysis page.