other_material
confidence high
sentiment positive
materiality 0.75
Perpetua closes $255M private placement, breaks ground on Stibnite Gold Project
PERPETUA RESOURCES CORP.
- Raised $255M via private placement: 10.94M shares at $23.30, plus warrants; Agnico and JPMorgan participate.
- Broke ground on Stibnite Gold Project after posting $139M reclamation surety bond and other financial assurances.
- Received preliminary non-binding indicative term sheet from EXIM for up to $2B debt financing; final consideration expected spring 2026.
- CFO Jessica Largent stepped down Oct 1, replaced by Mark Murchison (former CFO of Alacer Gold).
- Litigation: Nez Perce Tribe lawsuit challenging project approvals; stipulations restrict certain construction through Feb 1, 2026.