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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Comment by Kidlapikon Mar 08, 2017 11:01am
84 Views
Post# 25950461

RE:RE:RE:Massive share issue?

RE:RE:RE:Massive share issue?
I don't know how the Friedlands can add more to their position, they already own 47%, if there ownership increases more I believe they would be required to tender an offer for the entire company wouldn't they? They could do a rights offering but I do not believe they would be allowed to backstop it or oversubscribe do to their ownership %, I could be wrong. Ekim any thoughts here?
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