GREY:PGDIF - Post by User
Post by
ekimon Apr 14, 2015 6:28pm
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Post# 23629618
Subsidaries
SubsidariesWe've all seen the new subsidary formed by Peregrine and I've questedion why the Botswana transaction isn't meshed in.
When thinking about it...I believe Subsidaries are mostly country specific...so it is more then likely Peregrine Diamonds will have yet another subsidary come the closing of Botswana.
Peregrine Diamonds Africa Ltd. or something like that.
They are acquiring:
Diamexstrat Botswana (Proprietary) Ltd. ("DES Botswana")
Which is a subsidary in itself...it will probably be renamed as appropriate by Peregrine Diamonds as I've suggested above.
LONG...PGD
EKIM