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De Beers agreement to acquire Peregrine Diamonds

19th Jul 2018 13:35

RNS Number : 1888V
Anglo American PLC
19 July 2018
 

19 July 2018

De Beers Group announcement

 

Anglo American plc notes the announcement by De Beers Group about the agreement reached by De Beers Canada to acquire 100% of the outstanding securities of Peregrine Diamonds Ltd (TSX: PGD) ("Peregrine"), owner of the high quality Chidliak diamond resource located in Canada's Nunavut Territory, at a purchase price of C$0.24 per share, for a total cash consideration of approximately C$107 million (approximately US$81 million).

 

The full announcement is available on the De Beers Group website via http://www.debeersgroup.com/en/news/company-news/company-news.html

 

 

 

 

 

 

For further information, please contact:

 

Media

 

Investors

UK

James Wyatt-Tilby

[email protected]

Tel: +44 (0)20 7968 8759

 

Marcelo Esquivel

[email protected]

Tel: +44 (0)20 7968 8891

 

South Africa

Pranill Ramchander

[email protected]

Tel: +27 (0)11 638 2592

 

Ann Farndell

[email protected]

Tel: +27 (0)11 638 2786

 

UK

Paul Galloway

[email protected]

Tel: +44 (0)20 7968 8718

 

Robert Greenberg

[email protected]

Tel: +44 (0)20 7968 2124

 

Sheena Jethwa

[email protected]

Tel: +44 (0)20 7968 8680

 

 

 

 

 

 

Notes to editors:

 

Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world's developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

 

As a responsible miner - of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel - we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people's lives.

www.angloamerican.com

 

     

 

Legal Entity Identifier: 549300S9XF92D1X8ME43

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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