other_material
confidence high
sentiment neutral
materiality 0.75
Perpetua Resources closes $68.4M public offering of 2.94M shares; Agnico Eagle invests $6.8M
PERPETUA RESOURCES CORP.
- Underwritten public offering of 2,938,000 common shares at $24.25 per share; net proceeds ~$68.4M.
- Concurrent private placement to Agnico Eagle Mines for 280,415 shares at same price; net proceeds ~$6.8M.
- After private placement, Agnico will own ~8.7% of common stock (assuming exercise of warrants).
- Lock-up agreements: Company 90 days, directors/officers/Paulson 60 days from prospectus date.
- The offering closed Oct 30, 2025; private placement expected to close Oct 31, 2025.