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Peregrine Gold Strengthens Financial Position Through Project Sale to Capricorn Metals

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Peregrine Gold Strengthens Financial Position Through Project Sale to Capricorn Metals

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An announcement from Peregrine Gold Ltd. ( (AU:PGD) ) is now available.

Peregrine Gold Ltd. has completed the sale of its Deadman Flat and Perry Creek Project to Capricorn Metals Limited for A$1.5 million in shares. The transaction includes future financial benefits through milestone payments and royalties, positioning Peregrine to enhance its financial standing and exploration activities, while Capricorn gains control over promising gold tenements.

More about Peregrine Gold Ltd.

Peregrine Gold Ltd. operates in the gold exploration industry, focusing on discovering and developing mineral resources. Its primary market focus is on gold projects, and it aims to enhance its financial position through strategic transactions and exploration activities.

YTD Price Performance: -10.71%

Average Trading Volume: 63,121

Technical Sentiment Consensus Rating: Buy

Learn more about PGD stock on TipRanks’ Stock Analysis page.

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