Perpetua Resources Files 8-K

TL;DR

Perpetua Resources (PR) filed an 8-K. Standard update, no major news yet.

AI Summary

Perpetua Resources Corp. filed an 8-K on November 20, 2024, reporting on other events and financial statements. The company, formerly known as Midas Gold Corp., is incorporated in British Columbia and headquartered in Boise, Idaho. This filing does not contain specific financial figures or details about the 'other events' beyond its procedural nature.

Why It Matters

This 8-K filing indicates that Perpetua Resources Corp. has made a regulatory submission to the SEC, which may contain updates or disclosures relevant to investors.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report and does not disclose any new material risks or significant negative events.

Key Players & Entities

• Perpetua Resources Corp. (company) — Registrant
• Midas Gold Corp. (company) — Former company name
• November 20, 2024 (date) — Date of report
• Boise, Idaho (location) — Principal executive offices

FAQ

Key Financial Figures

• $10.17 — d to the public at an offering price of $10.17 per Share. The Underwriting Agreement
• $33.6 m — from the Offering will be approximately $33.6 million, after deducting underwriting dis

Filing Documents

• tm2428683d3_8k.htm (8-K) — 29KB
• tm2428683d3_ex1-1.htm (EX-1.1) — 235KB
• tm2428683d3_ex5-1.htm (EX-5.1) — 17KB
• tm2428683d3_ex5-1img001.jpg (GRAPHIC) — 4KB
• 0001104659-24-121080.txt ( ) — 525KB
• ppta-20241120.xsd (EX-101.SCH) — 3KB
• ppta-20241120_lab.xml (EX-101.LAB) — 33KB
• ppta-20241120_pre.xml (EX-101.PRE) — 22KB
• tm2428683d3_8k_htm.xml (XML) — 4KB

01

Item 8.01 Other Events. On November 18, 2024, Perpetua Resources Corp. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with BMO Capital Markets Corp., as representative of the several underwriters named therein (the "Underwriters"), pursuant to which the Company agreed to issue and sell an aggregate of 3,439,465 shares of its common stock, no par value (the "Shares") to the Underwriter (the "Offering"). The Company granted the Underwriters an option to purchase up to an additional 515,919 Shares within 30 days. The Shares were offered to the public at an offering price of $10.17 per Share. The Underwriting Agreement contains customary representations and warranties, conditions to closing, market standoff provisions, termination provisions and indemnification obligations, including for liabilities under the Securities Act of 1933, as amended (the "Securities Act"). The Offering is being made pursuant to the shelf registration on July 8, 2022 and declared effective by the SEC on November 2, 2022, and a related prospectus supplement, dated November 18, 2024, filed with the SEC pursuant to Rule 424(b) under the Securities Act. The Offering closed on November 20, 2024. The Company estimates that the net proceeds from the Offering will be approximately $33.6 million, after deducting underwriting discounts and commissions and estimated Offering expenses. The Company intends to use the net proceeds from this offering for down payments on long lead time materials, detailed engineering for our Stibnite Gold Project and general corporate purposes. The Underwriting Agreement is filed as Exhibit 1.1 to this Current Report on Form 8-K and the foregoing description of the terms of the Underwriting Agreement is qualified in its entirety by reference to such exhibit, which is incorporated herein by reference. I

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERPETUA RESOURCES CORP. Dated: November 20, 2024 By: /s/ Jessica Largent Jessica Largent Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR