Perpetua Resources Corp - PPTA STOCK NEWS

Perpetua Resources Corp. (Nasdaq: PPTA) has announced the complete exercise of the over-allotment option related to its recent public offering. This has resulted in the purchase of an additional 1,428,572 common shares at US$5.25 each, generating gross proceeds of approximately US$7.5 million. The total gross proceeds from the offering now stand at about US$57.5 million. Proceeds will support operations at the Stibnite Gold Project in Idaho and cover general corporate expenses.

Perpetua Resources Corp. (PPTA) has successfully completed a public offering, issuing 9,523,810 common shares at US$5.25 per share, raising gross proceeds of US$50 million. The offering was led by B. Riley Securities and Cantor Fitzgerald, with the potential for additional shares through a 30-day over-allotment option. Proceeds will primarily fund operations at the Stibnite Gold Project, including permitting and engineering. Additionally, Paulson & Co. purchased a significant share portion to maintain a 40.276% stake, qualifying the offering as a related party transaction.

Perpetua Resources Corp. (Nasdaq: PPTA) has announced the pricing of an underwritten public offering to sell 9,523,810 common shares at $5.25 each, expected to generate approximately $50 million in gross proceeds. The company has granted underwriters a 30-day over-allotment option for an additional 1,428,572 shares. Proceeds will fund permitting, restoration, and engineering for the Stibnite Gold Project. The offering is anticipated to close around August 17, 2021, pending customary conditions and approvals.

Perpetua Resources Corp. (NASDAQ: PPTA) has announced a public offering of common shares in the U.S. and Canada. The offering, managed by B. Riley Securities and Cantor Fitzgerald, is subject to market conditions, with total pricing to be determined upon signing the underwriting agreement. The Company plans to use proceeds for permitting, restoration, field operations, and general corporate purposes related to the Stibnite Gold Project. An over-allotment option allows underwriters to purchase an additional 15% of shares. Closing is subject to customary conditions and necessary approvals.

Perpetua Resources Corp. (Nasdaq: PPTA) has signed an agreement to supply antimony from its Stibnite Gold Project to Ambri Inc. This deal aims to support the decarbonization of energy grids by enabling the production of low-cost liquid metal batteries. The partnership is expected to generate over 13 Gigawatt hours of battery capacity, significantly exceeding the entire U.S. energy storage market's additions in 2020. This collaboration enhances Perpetua's position as an ESG-focused company in the green energy sector.

Perpetua Resources Corp. (Nasdaq: PPTA) announced that the US Forest Service (USFS) is progressing with its modified proposed action for the Stibnite Gold Project under the NEPA process. The Project aims to responsibly mine gold and antimony, restoring an abandoned site while enhancing Idaho's economy. Key modifications include reduced environmental impact, with a focus on improving water quality and eliminating waste rock areas. The USFS plans to issue a Supplemental Draft Environmental Impact Statement (SDEIS) in Q1 2022, with a Final Decision anticipated by mid-2023.

Perpetua Resources Corp. (PPTA) is set to join the Russell 2000® and Russell 3000® Indexes on June 28, 2021. This inclusion is a significant milestone for the company, enhancing its visibility to investors after its Nasdaq listing earlier this year. The Russell 2000® Index is a key benchmark for emerging U.S. companies, with approximately $10.6 trillion in assets indexed against Russell U.S. Indexes. Perpetua aims to become the sole mined source of antimony in the U.S. while restoring a brownfield site through its Stibnite Gold Project, one of the highest-grade gold deposits in the nation.

Perpetua Resources Corp. (Nasdaq: PPTA) has signed a collaboration agreement with United States Antimony Corporation (NYSE: UAMY) to evaluate the processing of antimony concentrate from the Stibnite Gold Project at USAC's facilities. This project is set to potentially meet approximately 35% of U.S. antimony demand in its initial six years. Antimony is critical for national defense and green technology, with no current mined source in the U.S. The collaboration aims to re-establish domestic antimony production.

Perpetua Resources Corp. (NASDAQ: PPTA) held its annual general meeting (AGM) on April 16, 2021, with 34,386,731 shares represented, equating to 72.30% of outstanding shares. Shareholders approved all director nominees, with votes for ranging between 98.88% and 99.75%. Deloitte LLP was reappointed as auditors for 2021, receiving 99.90% approval. Additionally, a new omnibus equity incentive plan was adopted with 98.32% support. The directors will serve until the next annual meeting or until successors are appointed.