Peregrine has also accepted the resignation of Mr. Rod Davey from the position of Chief Operating Officer and Mr. Jonathan Challis from the Board of Directors.
and Challis will continue as consultants to the Company.
Rod Davey has held the position of Chief Operating Officer ("COO") of Peregrine since October, 2006.
extensive knowledge and expertise in the area of diamond exploration and development in Canada has been an invaluable asset to the Company.
has decided to retire and Peregrine
sincerely thanks him for his
many years of service as COO and we welcome his
on-going advice as a consultant to the Company.