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An announcement from Peregrine Gold Ltd. ( (AU:PGD) ) is now available.
Peregrine Gold Ltd. announced the results of its Entitlement Offer, which aimed to raise approximately $2.54 million. The company successfully raised $1.74 million through shareholder applications, with significant contributions from its largest shareholder, Yandal Investments Pty Ltd, and company directors. This funding will support the company’s exploration activities at the Tin Can Trend project, as it seeks to leverage the favorable gold market conditions.
More about Peregrine Gold Ltd.
Peregrine Gold Ltd. is a company in the mining industry focused on gold exploration. It primarily engages in identifying and developing gold mining opportunities and is positioned in the market to capitalize on rising gold prices.
YTD Price Performance: 7.14%
Average Trading Volume: 58,432
Technical Sentiment Consensus Rating: Hold
For a thorough assessment of PGD stock, go to TipRanks’ Stock Analysis page.
