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Peregrine Gold Ltd. ( (AU:PGD) ) has shared an announcement.
Peregrine Gold Ltd. has successfully raised $3 million through a placement of shares to accelerate exploration activities at its Newman and Mallina projects in Western Australia. The placement, supported by major shareholders and institutional investors, strengthens the company’s financial position and supports its aggressive exploration strategy, potentially enhancing its market position in the gold and iron ore sectors.
More about Peregrine Gold Ltd.
Peregrine Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold and iron ore projects. Their primary market focus is in Western Australia, with significant projects including the Newman Gold & Iron Ore Project and the Mallina Gold Project.
Average Trading Volume: 298,818
Technical Sentiment Signal: Buy
For a thorough assessment of PGD stock, go to TipRanks’ Stock Analysis page.