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Why Is Lion Betting $0.5M on Peregrine’s Pilbara Gold and Iron Ore?
9:59am on Thursday 4th of September, 2025 AEST
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Mining
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Why Is Lion Betting $0.5M on Peregrine’s Pilbara Gold and Iron Ore?
9:59am on Thursday 4th of September, 2025 AEST
Key Points
Lion invests $0.5M in Peregrine Gold’s $3M placement at 22c per share
Investment grants Lion a 2.3% stake and free attaching options
Peregrine’s Pilbara projects include early-stage gold and large channel iron deposits
Surface sampling indicates high-grade gold and iron ore potential
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Lion Selection (ASX:LSX)
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