Perpetua Resources Corp. has announced an upsizing of its previously disclosed bought deal financing due to high demand. The company will now issue 24,622,000 common shares at a price of US$13.20 each, raising approximately US$325 million in gross proceeds. National Bank of Canada Financial Markets and BMO Capital Markets are leading the syndicate of underwriters managing the offering. Additionally, Paulson & Co. Inc. has committed to purchasing US$100 million worth of common shares through a private placement at the same offering price. An option has been granted to the underwriters to purchase up to an additional 3,693,300 common shares, potentially increasing the total gross proceeds to approximately US$374 million if fully exercised.