February 1, 2010
Peregrine Diamonds Ltd. (“Peregrine” or “the Company”) would like to
remind holders of share purchase warrants issued pursuant to the
Company’s rights offering which closed on February 19, 2009, that the
exercise price for the warrants increases from $1.00 to $1.50 per share
on February 19, 2010.
The process of exercising warrants that are beneficially held can in
some circumstances take two to three weeks to complete. The timely
exercise of warrants is the responsibility of the warrant holder.
Peregrine itself has no involvement in the warrant exercise process.
Holders of warrants are urged to contact their broker or financial
advisor to ensure the timely exercise of warrants.
For more information contact Mr. Mike Westerlund, VP-Investor Relations,
or Peregrine Diamonds Investor Relations, at 604-408-8880 or at
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