Peregrine Diamonds Ltd. PGDIF

Flow Through private placement completed.

[ekim]

https://www.pdiam.com/s/PressReleases.asp?ReportID=689459

6 month hold period. (isn't 4 months normal?)

We should see some of that show up on insider reports shortly.

LONG...PGD

EKIM

[robybob]

okay, why a PP. We just raised 15 million, expectations from management HAS to be that the warrants won't expire without raising another 15 million. WTF is this PP? I know another 10 million shares on top of the extra 150 million they required for the financing isn't a whole lot but it is still dilution! How important was another 2 million at this point???? This stinks. If they need 2

[ekim]

I emphasized a few times over the last 5 months that a flow through would happen in addition to the big non-flow through. Should not be a surprise to anyone on this forum. Ekim

[Fivecarat]

Well I guess one could presume that the PP @  .21 has given our girl a little boost so it's nice to see a finacial decision, albeit kinda minor, provide a positive rather than negative result to the SP... Happy new year everyone!