other_material
confidence high
sentiment neutral
materiality 0.50
Perpetua Resources expands Hatch EPCM contract; $204.3M control budget for Stibnite Gold Project
PERPETUA RESOURCES CORP.
- Amendment adds pressure-oxidation/oxygen system (POX/O2) to Hatch's scope, with $42M of the $204.3M control budget allocated to it.
- Control budget total $204.3M for engineering, procurement, construction management services for Stibnite Gold Project.
- Process guarantee includes performance parameters with liquidated damages or bonuses, not material to contract price.
- Intellectual property provisions updated; POX/O2 improvements remain Hatch property, owner gets license for Project.
- Amendment effective Feb 28, 2026; follows preliminary design work under prior limited notices to proceed.