Peregrine Diamonds Ltd. PGDIF

Extract From Rights offering .. Sedar has the whole text

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Peregrine Diamonds Ltd. (the “Company” or “Peregrine”) is distributing to the registered holders (the “Holders”) of its outstanding common shares (“Common Shares”) of record at the close of business  (Vancouver time)  on September 9, 2014 (the “Record Date”) rights (“Rights”) to subscribe for units (“Units”) on the terms set forth herein (the“Offering”).

The Rights are fully transferable within Canada (as more particularly set forth herein) and will be evidenced by certificatesin registered form (the “Rights Certificates”).  Each Holder is entitled to one Right for each Common Share held on the Record Date.  Two (2) Rights entitle the holder thereof (provided that such holder is in an Eligible Jurisdiction (as defined below) or is an Approved Eligible Holder (as defined below)) to purchase one Unit (the “Basic Subscription Privilege”) at a price of $0.21 per Unit (the “Subscription Price”) at or prior to 2:00 p.m. (Vancouver time) (the “Expiry Time”) on October 6, 2014 (the “Expiry Date”).  Each Unit consists of one Common Share and one common share purchase warrant (a “Warrant”). Each Warrant is exercisable to purchase one Common Share at a price of $0.21 per share for a term of six months expiring at 2:00 p.m. (Vancouver time) on April 6, 2015.  Rights not exercised at or before the Expiry Time  on the Expiry Date will be void and of no value.  Shareholders who exercise in full the Basic Subscription Privilege for their Rights are also entitled to subscribe for additional Units (the “Additional Units”), if available, pursuant to an  additional subscription privilege (the “Additional Subscription Privilege”).  

Additional Subscription Privilege”.  No fractional Common Shares or Warrants will be issued upon exercise of the Rights.
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