Perpetua receives $34.4M DOD funding amendment; total DPA TIA now $59.2M

PERPETUA RESOURCES CORP.

Amendment increases DOD Technology Investment Agreement from $24.8M to $59.2M.
Additional $34.4M funds environmental/engineering studies for Stibnite Gold Project permitting.
Award supports domestic antimony trisulfide production for defense energetic materials.
Reimbursable costs allowed through June 16, 2025; other TIA terms unchanged.
Funding does not cover ASOC obligations or certain corporate expenses.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

PERPETUA RESOURCES CORP. amended Technology Investment Agreement with United States Department of Defense, Air Force Research Laboratory valued at $59,224,176 (effective 2024-05-02).

Action: amendment
Counterparty: United States Department of Defense, Air Force Research Laboratory
Value: $59,224,176
Effective: 2024-05-02

Exact text from the filing

On May 2, 2024, the Company received approval of the previously announced modification to the DPA TIA for an award of $34,412,114 in additional funding under the TIA and entered into an amendment to the TIA increasing the total amount of the TIA to $59,224,176.

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Source: SEC EDGAR

accession 0001104659-24-056419

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