VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/27/15

Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX: PGD) reports that at the Company's annual general meeting of shareholders held on March 26, 2015, the members of the Board of Directors were all re-elected by show of hands. The following is a tabulation of the votes submitted by proxy:

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    Director       Votes in    Votes Withheld  Percentage in    Percentage
    Nominees        Favour                        Favour         Withheld
  Robert Boyd     51,047,393      1,664,241       96.88%          3.12%
  Alan Carter     50,950,673      1,740,961       96.70%          3.30%
 Richard Cohen    52,399,223       292,411        99.45%          0.55%
 Eric Friedland   52,429,006       262,628        99.50%          0.50%
Myron Goldstein   51,243,879      1,447,755       97.25%          2.75%
  Gordon Keep     52,202,057       489,577        99.07%          0.93%
 Peter Meredith   50,932,607      1,759,027       96.66%          3.34%
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In addition, shareholders voted in favour of re-appointing Hay & Watson, Chartered Accountants, as auditor of the Company.

Contacts:
Peregrine Diamonds Ltd.
Mr. Eric Friedland
Executive Chairman
604-408-8880

Peregrine Diamonds Ltd.
Mr. Tom Peregoodoff
President and CEO
604-408-8880

Peregrine Diamonds Ltd.
Investor Relations
604-408-8880
investorrelations@pdiam.com
www.pdiam.com