03:45 PM EST - Peregrine Diamonds Ltd. : announced that it is arranging a private placement of up to 10 million common shares at a price of $0.35 per share for gross proceeds of up to $3.5 million. The placement will be made to accredited and other eligible investors. Closing is anticipated to occur on or about June 20. Peregrine Diamonds Ltd.
shares T.PGD are trading down $0.025 at $0.41.
