Peregrine Announces Graduation From The TSX Venture Exchange To The Toronto Stock Exchange

August 23, 2006 PDF version
Vancouver, British Columbia - Wednesday August 23, 2006 - Peregrine Diamonds Ltd. (“Peregrine”) is pleased to announce that the Common Shares of Peregrine and Warrants of Peregrine expiring July 16, 2007 have been approved for listing on the Toronto Stock Exchange and will commence trading on the Toronto Stock Exchange at 6:30 a.m. Pacific Standard Time (9:30 a.m. Eastern Standard Time) on Thursday, August 24, 2006. Concurrent with the Toronto Stock Exchange listing, the Common Shares and Warrants will be delisted from the TSX Venture Exchange.

The trading symbol of the Common Shares and the Warrants will continue to be “PGD” and “PGD.WT”, respectively.

Peregrine is a well funded Canadian diamond exploration/development company that is managed by experienced geoscientists. The company is taking the plus 9 hectare DO-27 diamondiferous kimberlite into pre-feasibility, and is exploring for other diamondiferous kimberlites on its extensive land holdings in Canada.

Peregrine Diamonds Ltd.

Eric Friedland, President and CEO
Alan Carter, COO

For further information, please contact Roberta Voyer, Corporate Administrator, at 604-408-8880.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Suite 301 - 1250 Homer Street, Vancouver, British Columbia V6B 1C6 Tel: 604 408-8880 Fax: 604 408-8881

www.peregrinediamonds.com

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