secwatch.observer — SEC 8-K summary
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Issuer:     PERPETUA RESOURCES CORP. (PPTA)
CIK:        0001526243
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001104659-23-059747
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perpetua Resources discloses substantial doubt about going concern; cash expected to exhaust in Q1 2024
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- As of May 12, 2023, management concluded substantial doubt exists about the company's ability to continue as a going concern.
- Cash resources are forecast to be exhausted in the first quarter of 2024 due to increased ASAOC restoration costs.
- Selected Iron Woman Construction for environmental improvements under the ASAOC; updated cost estimates drove the liquidity shortfall.
- FY2022 net loss of $28.7M; accumulated deficit of $561.9M; cash and equivalents of $22.7M as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526243/000110465923059747/0001104659-23-059747-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526243/000110465923059747/ppta-20230512x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-059747

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