other_material
confidence high
sentiment positive
materiality 0.75
Perpetua Resources raises $32.8M and selects Hatch as EPCM contractor for Stibnite Gold Project
PERPETUA RESOURCES CORP.
- Private placement to non-affiliated investor raises $28.84M from 1M shares and warrants; warrants exercisable at $38.93-$47.59; expected close Dec 18, 2025.
- Hatch Ltd. subscribes for ~$4M at $28.84/share (138,696 shares) in two tranches tied to EPCM agreement and final investment decision.
- Board approves grant of 150,000 common shares to Stibnite Foundation upon receiving all permits for Stibnite Gold Project construction.
- Selected Hatch as EPCM contractor for Stibnite Gold Project; definitive contract expected in coming weeks.
- Partnered with Idaho National Laboratory for pilot plant to recover antimony; RFP for commercial-grade antimony processing now expected in 2026.