other_material
confidence high
sentiment neutral
materiality 0.85
Perpetua Resources announces $300M bought-deal equity offering; Paulson invests $100M
PERPETUA RESOURCES CORP.
- Offering of 22.7M shares at $13.20 for ~$300M gross proceeds; closing expected June 16, 2025.
- Paulson & Co. (34.6% holder) buys $100M of shares in concurrent private placement at same price.
- Company submitted $2.0B EXIM debt application (up from $1.8B LOI); anticipates closing in 2026.
- Targets $200M-$250M royalty/stream financing plus $155M guarantee for reclamation bonds in summer 2025.
- Expects remaining state permits in summer 2025; total Project capital cost estimated at $2.2B.
item 8.01item 9.01