Perpetua Resources sells 100% silver royalty on Stibnite Gold Project to Franco-Nevada for $8.5M cash

PERPETUA RESOURCES CORP.

Franco-Nevada pays $8.5M for a 100% royalty on future payable silver production from the Stibnite Gold Project.
Silver represents less than 0.3% of projected life-of-mine revenue per the 2020 Feasibility Study.
Franco-Nevada has option for contingent payment to acquire silver royalty from antimony concentrate upon commercial production.
Proceeds from the royalty sale will be used for general corporate purposes.
Franco-Nevada receives right of first refusal on any future royalties or streams (excluding gold) on the project.

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