secwatch.observer — SEC 8-K summary
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Issuer:     PERPETUA RESOURCES CORP. (PPTA)
CIK:        0001526243
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001104659-24-037362
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1526243/000110465924037362/0001104659-24-037362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1526243/000110465924037362/tm249429d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-037362

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