PERPETUA RESOURCES CORP.

Perpetua and Hatch amended the EPCM agreement to formally add the pressure-oxidation/oxygen system to Hatch's scope and finalized a $204.3 million control budget (including $42 million for that system) plus a performance guarantee regime.

material agreement

Perpetua and Hatch signed the formal EPCM services agreement for Stibnite's process plant and pressure-oxidation facility, with an estimated $200-220 million control budget for Hatch's scope.

material agreement

Perpetua selected engineering firm Hatch as EPCM (engineering/procurement/construction management) contractor for Stibnite, with Hatch separately investing $4 million in company stock; the company also raised $28.84 million more from a private investor (1 million shares plus warrants) as the share price kept climbing (now $28.84, more than double June's $13.20 offering price).

capital raising announcement

Days after the Agnico/JPMorgan placement, Perpetua raised more capital in a follow-on public offering at $24.25/share, with Agnico exercising its new pro-rata right to buy additional shares and stay near its target ownership level.

capital raising announcement

Perpetua brought in major gold miner Agnico Eagle and JPMorgan as strategic investors, raising $255 million in a private placement at $23.30/share (nearly double June's offering price) plus warrants; Agnico gets board-adjacent rights including a joint technical committee and can grow to 8.6% ownership, alongside cash on hand and a pending application for up to $2 billion in US EXIM Bank project financing.

capital raising announcement

Perpetua received the go-ahead to build: it posted a $139 million reclamation surety bond (backed by a $35 million Bank of Nova Scotia letter of credit) plus a $4.2 million Clean Water Act bond, the U.S. Forest Service and Idaho regulators signed off, and the company broke ground on early works construction at Stibnite on October 21, 2025 - the payoff of years of permitting.

debt financing

Perpetua signed a $131.7 million contract with ATCO Structures & Logistics to design, build and install a 1,010-person construction camp at Stibnite, with completion required by September 2026 - a concrete construction-phase commitment funded by the mid-2025 capital raises.

material agreement

Underwriters exercised their over-allotment option in full for an extra ~$49 million, bringing the total June 2025 financing package (public offering plus Paulson's private placement) to roughly $474 million gross.

capital raising announcement

The offering closed upsized to 24.6 million shares (~$311 million net), alongside a concurrent $100 million private placement to top shareholder Paulson & Co (exercising pro-rata rights from a 2016 agreement) - together raising roughly $411 million, though the new shares diluted Paulson's stake from 34.6% to about 31%.

capital raising announcement

Perpetua announced a $300 million bought-deal share offering (22.7 million shares at $13.20) to help fund Stibnite construction, with an option for underwriters to buy 15% more.

capital raising announcement

The Department of Defense modification was approved and finalized, adding $34.4 million and bringing Perpetua's total Defense Production Act funding for Stibnite permitting and construction-readiness work to about $59.2 million.

material agreement

The Department of Defense conditionally offered Perpetua up to $34.6 million in additional funding on top of its existing $24.8 million award, pending a formal modification of the agreement to expand its scope and extend its deadline.

material agreement

The Department of Defense funding agreement was finalized ("definitized") at the full $24.8 million originally proposed.

material agreement

Perpetua's subsidiary signed an initial agreement with the U.S. Department of Defense for up to $24.8 million in Defense Production Act funding, to cover environmental and permitting studies supporting domestic antimony production at Stibnite for defense uses.

material agreement

Perpetua became a US domestic SEC filer and published its first Subpart 1300-compliant Technical Report Summary for the Stibnite Gold Project - the same resource as its 2020 Canadian feasibility study, just reclassified and re-priced ($1,500/oz gold vs. $1,250/oz) for the new disclosure regime.

resource reserve update

the exchange certified PERPETUA RESOURCES CORP.'s securities for listing, clearing them to begin trading.

listing compliance notice