Stillwater Mining Company Completes Acquisition of Peregrine Metals Ltd.

Stillwater Mining Company (NYSE:SWC,TSX:SWC.U) and Peregrine Metals Ltd. (TSX:PGM) announced the acquisition of Peregrine by Stillwater.

As quoted in the press release,

Stillwater has acquired all outstanding shares of Peregrine pursuant to a plan of arrangement under the Canada Business Corporations Act. The transaction was previously approved by the Peregrine shareholders, who voted in respect of the arrangement, and the British Columbia Supreme Court.

Click here for the Stillwater (NYSE:SWC,TSX:SWC.U) press release.