Perpetua Resources Corp. Secures US$425 Million in Financing Through Public Offering and Private Placement for Stibnite Gold Project

Reuters
06-17
<a href="https://laohu8.com/S/PPTA">Perpetua Resources Corp.</a> Secures US$425 Million in Financing Through Public Offering and Private Placement for Stibnite Gold Project

Perpetua Resources Corp. has successfully closed its upsized public offering, raising US$325 million through the sale of 24,622,000 common shares at US$13.20 per share. Concurrently, the company completed a US$100 million private placement of 7,575,757 common shares to Paulson & Co. Inc. This financing is part of a larger comprehensive package aimed at funding the Stibnite Gold Project. Following these transactions, Paulson's ownership in Perpetua decreased to approximately 31% from 35%. The company also granted underwriters an option to purchase an additional 3,693,300 common shares, potentially increasing the aggregate proceeds to US$374 million. These funds, along with anticipated debt and royalty financing, are intended to cover the project's US$2.2 billion construction costs and additional financial needs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perpetua Resources Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: VA11007) on June 16, 2025, and is solely responsible for the information contained therein.

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