22 Apr 2026material agreement▲ Good
Perpetua and Hatch further amended the EPCM agreement so Hatch will directly supply key process equipment (autoclaves, flash vessels, vent gas cyclones) for a fixed $32.1 million.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Mar 2026material agreement▲ GoodMajor
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.
22 Dec 2025material agreement▲ GoodMajor
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.
16 Dec 2025capital raising announcement▲ GoodMajor
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).
What it means for a shareholder
1.0m new shares at about C$28.84 to raise about C$28.8m. That's 0.814% dilution: every existing holder's slice gets 0.814% smaller. If you held C$1,000 of shares (35 at the issue price), your slice goes from 0.0000285% to 0.0000282% of the company. To keep it you'd need 0 more shares - about C$0 at the issue price.
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30 Oct 2025capital raising announcement▲ GoodMajor
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.
28 Oct 2025capital raising announcement▲ GoodMajor
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.
21 Oct 2025debt financing▲ GoodMajor
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.
5 Sept 2025material agreement▲ GoodMajor
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.
14 July 2025capital raising announcement▲ GoodMajor
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.
16 June 2025capital raising announcement▲ GoodMajor
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%.
What it means for a shareholder
24.6m new shares at about C$16.71 to raise about C$411m. That's 26% dilution: every existing holder's slice gets 26% smaller. If you held C$1,000 of shares (60 at the issue price), your slice goes from 0.000084% to 0.0000624% of the company. To keep it you'd need 21 more shares - about C$351 at the issue price.
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12 June 2025capital raising announcement▲ GoodMajor
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.
What it means for a shareholder
22.7m new shares at C$13.20 to raise about C$300m. That's 24% dilution: every existing holder's slice gets 24% smaller. If you held C$1,000 of shares (76 at the issue price), your slice goes from 0.000106% to 0.0000806% of the company. To keep it you'd need 24 more shares - about C$317 at the issue price.
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2 May 2024material agreement▲ GoodMajor
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.
21 Mar 2024asset acquisition disposition● Neutral
Perpetua sold Franco-Nevada a royalty on Stibnite's future silver production for $8.5 million cash - a minor, non-core asset (silver is under 0.3% of the project's projected life-of-mine revenue) monetized for working capital.
12 Feb 2024material agreement▲ GoodMajor
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.
26 July 2023material agreement▲ GoodMajor
The Department of Defense funding agreement was finalized ("definitized") at the full $24.8 million originally proposed.
19 Dec 2022material agreement▲ GoodMajor
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.
3 Jan 2022resource reserve update● NeutralMajor
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.
17 Feb 2021listing compliance notice▲ GoodMajor
the exchange certified PERPETUA RESOURCES CORP.'s securities for listing, clearing them to begin trading.