De Beers acquires Peregrine Diamonds’ Chidliak project

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De Beers Canada has acquired Peregrine Diamonds and its core asset, the Chidliak project 120 kilometres north of Iqaluit.  Peregrine shareholders voted at a special meeting today to sell for 24 cents a share, with more than 98 per cent of shareholders in favour of the acquisition. If a final order is approved by the...