July 19 (Reuters) - Peregrine Diamonds Ltd PGD.TO :
* PEREGRINE DIAMONDS LTD. TO BE ACQUIRED BY DE BEERS CANADA INC. FOR $0.24 PER SHARE IN CASH
* PEREGRINE DIAMONDS LTD - DEAL IS AN ALL CASH OFFER THAT IS NOT SUBJECT TO A FINANCING CONDITION
* PEREGRINE DIAMONDS LTD - DEAL FOR A TOTAL EQUITY VALUE OF APPROXIMATELY $107 MILLION
* PEREGRINE DIAMONDS - BOARD UNANIMOUSLY DETERMINED ARRANGEMENT IS IN BEST INTERESTS OF CO, HAS APPROVED ARRANGEMENT AGREEMENT