Perpetua Resources Corp. Announces Private Placement and Investor Rights Agreements

Perpetua Resources Corp. entered into a private placement agreement with Agnico Eagle Mines Limited and JPMorgan Chase Funding Inc., raising $255 million. The company issued 10,944,205 common shares at $23.30 per share and warrants to purchase up to 4,053,408 common shares. The proceeds will be used for the development of the Stibnite Gold Project, exploration activities, working capital, and general corporate purposes. Additionally, Perpetua Resources Corp. entered into investor rights agreements with Agnico and JPMorgan, granting them participation rights in future equity offerings and access to scientific and technical data. The company also executed a registration rights agreement to register the resale of the private placement shares and warrant shares. The filing highlights the company's financial assurance requirements for the Stibnite Gold Project and the potential impact of legal challenges on the project's development.