A diamond project in Nunavut is seeking new investors and a non-brokered share sale can potentially generate $2 million. Peregrine Diamonds Ltd. is developing the Chidliak diamond project, which is 120 km outside Iqaluit, and is offering up $2 million-worth of shares.
The money made from the sales of the shares will be put toward Peregrine’s mineral exploration projects, which includes the Chidliak property’s 748,000 hectares of land, and eight kimberlites. CJ