Perpetua Resources Corp. Reports Officer/Director Changes

TL;DR

Perpetua Resources (PR) just filed an 8-K: board/exec shakeup and pay changes effective Sept 30.

AI Summary

Perpetua Resources Corp. filed an 8-K on October 1, 2025, reporting changes effective September 30, 2025. The filing indicates a departure of directors or certain officers, the election of new directors, and the appointment of certain officers, along with updates to compensatory arrangements for these officers. The company, formerly Midas Gold Corp., is involved in gold and silver ores.

Why It Matters

Changes in key leadership and compensatory arrangements can signal shifts in company strategy or financial priorities.

Risk Assessment

Risk Level: medium — Changes in directors and officers, especially with compensatory arrangements, can introduce uncertainty about future strategy and execution.

Key Players & Entities

• Perpetua Resources Corp. (company) — Registrant
• Midas Gold Corp. (company) — Former company name
• September 30, 2025 (date) — Effective date of reported events
• October 1, 2025 (date) — Filing date of the 8-K

FAQ

Key Financial Figures

• $400,000 — to the following: (a) a base salary of $400,000, as adjusted by the Board from time to
• $200 million — n the Company targeting net proceeds of $200 million to $250 million. Such investments may b
• $250 million — rgeting net proceeds of $200 million to $250 million. Such investments may be in the form of

Filing Documents

• tm2527649d1_8k.htm (8-K) — 48KB
• 0001104659-25-095331.txt ( ) — 217KB
• ppta-20250930.xsd (EX-101.SCH) — 3KB
• ppta-20250930_lab.xml (EX-101.LAB) — 33KB
• ppta-20250930_pre.xml (EX-101.PRE) — 22KB
• tm2527649d1_8k_htm.xml (XML) — 4KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Chief Financial Officer and Principal Accounting Officer On September 30, 2025, Jessica Largent tendered her notice of resignation and retirement to the board of directors (the " Board ") of Perpetua Resources Corp. (the " Company "), notifying the Company of her resignation as Chief Financial Officer and Principal Accounting Officer of the Company and as a member of the Board, effective October 1, 2025, and retirement from the Company on January 2, 2026 (the " Retirement Date "). Ms. Largent will remain employed with the Company as a non-executive employee until the Retirement Date. Ms. Largent's resignation as Chief Financial Officer and Principal Accounting Officer of the Company, and as a member of the Board, was not due to any disagreement with the Company. Perpetua Resources Idaho, Inc., a subsidiary of the Company (the " Employer ") and Ms. Largent entered into an Employment Agreement effective as of February 8, 2021, as amended April 1, 2022 (the " Largent Employment Agreement "). On September 30, 2025, the Board and Compensation Committee of the Board (the " Committee ") approved certain amendments to the Largent Employment Agreement, to be set forth in a Transition Services Agreement, effective as of October 1, 2025 (the " Transition Services Agreement "). Under the Transition Services Agreement, in exchange for Ms. Largent's continuous service as a non-executive employee with the Employer until the Retirement Date, Ms. Largent will continue to receive her current base salary through the Retirement Date. Pursuant to the terms of the Transition Services Agreement, all of Ms. Largent's currently outstanding equity awards will continue to vest according to their original vesting schedule until the Retirement Date. Upon the Retirement Date, all outstanding equity awards will vest full

01

Item 8.01 Other Events. On September 26, 2025, the Company announced plans to issue a Request for Proposal (" RFP ") to assess the technical and economic feasibility of potential off-site processing facilities from third parties to secure antimony for domestic users. The Company intends to issue the RFP in the coming weeks and make a final selection in the fourth quarter of 2025, subject to due diligence review. Further, on October 1, 2025, the Company reiterated its prior statement that it anticipates having the financial assurance posted in the coming weeks and expects to commence early works construction in the fall of 2025. In connection with finalizing financial assurance and related guarantee and indemnification agreements, the Company is in advanced discussions with potential counterparties for investments in the Company targeting net proceeds of $200 million to $250 million. Such investments may be in the form of royalty or streaming arrangements, issuance of additional equity; government funding; and/or other financing or strategic opportunities. Cautionary Statement Investors should be aware that the Company has not entered into any arrangement with respect to the joint financial assurance bonding and may not be able to enter into such arrangements on the anticipated terms and timeline, or at all. In addition, such arrangement, when entered into, may not be sufficient to satisfy the financial assurance conditions required to commence construction under applicable federal and state law. on Form 8-K ("Current Report") that are not historical facts are "forward-looking information" or "forward-looking and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding the anticipated timing of the earl

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: October 1, 2025 By: /s/ Jonathan Cherry Jonathan Cherry Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR