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Peregrine to be bought, hits 52-week high


Peregrine Metals Ltd. (T.PGM) hit a new 52-week high of $2.94 Monday. Stillwater Mining Company (NYSE: SWC) and Peregrine Metals today announced that they have entered into a definitive agreement pursuant to which Stillwater, by way of a Canadian plan of arrangement, will acquire all of the outstanding shares of Peregrine.

Under the terms of the Agreement, Stillwater will exchange 0.08136 shares of Stillwater common stock and $1.35 U.S. in cash for each common share of Peregrine.

Jean Coutu Group (PJC) Inc. (T.PJC.A) hit a new 52-week high of $11.70 Monday. No news announcements today

Jovian Capital Corporation (T.JOV) hit a new 52-week high of $10.45 Monday. No news announcements today

Spartan Oil Corp. (T.STO) hit a new 52-week high of $3.15 Monday. No news announcements today

Wescast Industries Inc. (T.WCS.A) hit a new 52-week high of $11.00 Monday. No news announcements today