Perpetua Resources settles CWA lawsuit with Nez Perce Tribe for $5M

PERPETUA RESOURCES CORP.

Total payments of $5M over 4 years: $4M to water quality fund, $1M legal fee reimbursement.
Settlement filed Aug 8, 2023; 45-day EPA/DOJ review followed by court approval expected Q3 2023.
Lawsuit dismissed without prejudice pending payments; full payment ends litigation with prejudice.
Agreement does not affect Tribe's rights regarding future permitting or Stibnite Gold Project activities.
Perpetua to fund payments from cash on hand or construction financing.

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