IPO - PERPETUA RESOURCES CORP.

Form Type: 424B5

Filing Date: 2025-06-13

Corporate Action: Ipo

Type: New

Accession Number: 000110465925059085

Filing Summary: Perpetua Resources Corp. is offering 24,622,000 common shares with no par value pursuant to a registration statement on Form S-3. The shares are listed on Nasdaq under the symbol 'PPTA'. As of June 10, 2025, the common shares were priced at $16.53 on Nasdaq and C$22.58 on the TSX. The public offering price is set at $13.20 per share, amounting to total gross proceeds of approximately $325 million. After deducting underwriting discounts and commissions, the net proceeds to the company will be around $312 million, from which $750,000 in estimated offering expenses will be deducted. The underwriters have a 30-day option to purchase an additional 3,693,300 shares. Additionally, Paulson & Co. Inc., the largest shareholder, will participate in a concurrent private placement of $100 million, also at the public offering price. The offering is scheduled to close on June 16, 2025, subject to customary closing conditions. The document outlines associated risks, including investment uncertainties and reliance on the completion of the concurrent private placement. This transaction marks a significant capital raising effort to fund the exploration, development, and construction of the company’s Stibnite Gold Project, a significant mining asset in the United States.