Perpetua Resources Announces Full Exercise of Option and Additional Proceeds of US$49 Million
Perpetua Resources (Nasdaq: PPTA) announced the full exercise of an option by underwriters to purchase an additional 3,693,300 common shares at US$13.20 per share, generating approximately US$49 million in additional gross proceeds.
This follows the company's previously announced US$325 million public offering of 24,622,000 common shares and a US$100 million private placement to Paulson & Co. Inc. The total financing package now reaches approximately US$474 million. The funds will support the development of Perpetua's Stibnite Gold Project.
Perpetua Resources (Nasdaq: PPTA) ha annunciato l'esercizio completo di un'opzione da parte degli underwriter per l'acquisto di ulteriori 3.693.300 azioni ordinarie a 13,20 USD per azione, generando circa 49 milioni di USD di proventi lordi aggiuntivi.
Questo segue l'annuncio precedente della societ脿 riguardante un'offerta pubblica da 325 milioni di USD per 24.622.000 azioni ordinarie e un collocamento privato da 100 milioni di USD a favore di Paulson & Co. Inc. Il pacchetto finanziario totale raggiunge ora circa 474 milioni di USD. I fondi serviranno a sostenere lo sviluppo del progetto aurifero Stibnite di Perpetua.
Perpetua Resources (Nasdaq: PPTA) anunci贸 el ejercicio completo de una opci贸n por parte de los suscriptores para comprar 3.693.300 acciones comunes adicionales a 13,20 USD por acci贸n, generando aproximadamente 49 millones de USD en ingresos brutos adicionales.
Esto sigue a la oferta p煤blica previamente anunciada por la compa帽铆a de 325 millones de USD por 24.622.000 acciones comunes y una colocaci贸n privada de 100 millones de USD a Paulson & Co. Inc. El paquete total de financiamiento ahora alcanza aproximadamente 474 millones de USD. Los fondos apoyar谩n el desarrollo del Proyecto de Oro Stibnite de Perpetua.
Perpetua Resources (雮橃姢雼�: PPTA)電� 鞚胳垬鞚鸽摛鞚� 於旉皜搿� 3,693,300欤� 氤错喌欤茧ゼ 欤茧嫻 13.20雼煬鞐� 鞝勲焿 毵れ瀰頃橂姅 鞓奠厴鞚� 頄夓偓頄堧嫟瓿� 氚滍憸頄堨溂氅�, 鞚措 鞚疙暣 鞎� 4,900毵� 雼煬鞚� 於旉皜 齑� 靾橃澋鞚� 氚滌儩頄堨姷雼堧嫟.
鞚措姅 須岇偓臧 鞚挫爠鞐� 氚滍憸頃� 3鞏� 2,500毵� 雼煬 攴滊鞚� 瓿店皽 氚滍枆鞙茧 24,622,000欤� 氤错喌欤茧ゼ 氚滍枆頃橁碃, Paulson & Co. Inc.鞐� 雽頃� 1鞏� 雼煬 攴滊鞚� 靷 氚办爼鞐� 鞚挫潃 瓴冹瀰雼堧嫟. 齑� 鞛愱笀 臁半嫭 攴滊電� 鞎� 4鞏� 7,400毵� 雼煬鞐� 鞚措雼堧嫟. 鞚� 鞛愱笀鞚 Perpetua鞚� Stibnite 旮� 頂勲鞝濏姼 臧滊皽鞚� 歆鞗愴暊 鞓堨爼鞛呺媹雼�.
Perpetua Resources (Nasdaq : PPTA) a annonc茅 l'exercice complet d'une option par les souscripteurs pour l'achat de 3 693 300 actions ordinaires suppl茅mentaires au prix de 13,20 USD par action, g茅n茅rant environ 49 millions USD de produits bruts additionnels.
Cela fait suite 脿 l'offre publique pr茅c茅demment annonc茅e par la soci茅t茅 de 325 millions USD pour 24 622 000 actions ordinaires, ainsi qu'脿 un placement priv茅 de 100 millions USD aupr猫s de Paulson & Co. Inc. Le montant total du financement atteint d茅sormais environ 474 millions USD. Ces fonds soutiendront le d茅veloppement du projet aurif猫re Stibnite de Perpetua.
Perpetua Resources (Nasdaq: PPTA) gab die vollst盲ndige Aus眉bung einer Option durch die Zeichner bekannt, zus盲tzliche 3.693.300 Stammaktien zu je 13,20 USD zu erwerben, wodurch etwa 49 Millionen USD an zus盲tzlichen Bruttoerl枚sen generiert wurden.
Dies folgt auf das zuvor angek眉ndigte 325-惭颈濒濒颈辞苍别苍-鲍厂顿-脰蹿蹿别苍迟濒颈肠丑别-础苍驳别产辞迟 von 24.622.000 Stammaktien und eine 100-Millionen-USD-Privatplatzierung an Paulson & Co. Inc. Das gesamte Finanzierungspaket bel盲uft sich nun auf etwa 474 Millionen USD. Die Mittel werden die Entwicklung des Stibnite Gold Projekts von Perpetua unterst眉tzen.
- Successfully raised total financing of US$474 million through combined offerings
- Full exercise of underwriter option demonstrates strong investor confidence
- Secured significant private placement of US$100 million from Paulson & Co. Inc.
- Significant shareholder dilution due to large number of new shares issued
- Increased share count may pressure stock price in short term
The Company intends to use the additional proceeds from the exercise of the Option, together with the proceeds of the Offering and the Private Placement, as part of the Company's previously announced comprehensive financing package for the development of the Company's Stibnite Gold Project (the "Project").聽
No securities regulatory authority has either approved or disapproved the contents of this news release. This news release does not constitute an offer to sell or the solicitation of an offer to buy Common Shares, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Perpetua Resources and the Stibnite Gold Project
Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS OR INFORMATION
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding the anticipated use of proceeds from the exercise of the Option, the Offering and Private Placement; the occurrence of the expected benefits from the anticipated use of proceeds from the Option, the Offering and Private Placement; the amount of potential debt financing available to the Company; the timing and potential outcome of any other discussions with governmental agencies; the anticipated timing of the issuance of certain state permits or a USFS notice to proceed; our ability to fully fund the construction of the Project and related financial assurance obligations; our ability to successfully implement and fund the Project; and the occurrence of the expected benefits from the Project, including providing a domestic source of antimony, national defense benefits, creation of jobs and environmental benefits. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate", "expect", "plan", "likely", "believe", "intend", "forecast", "project", "estimate", "potential", "could", "may", "will", "would" or "should". In preparing the Forward-Looking Information in this news release, Perpetua Resources has applied several material assumptions, including, but not limited to, assumptions that the Company's proposed financing package will be sufficient to finance permitting, pre-construction and construction of the Project or that the company will be able to secure alternate financing if necessary; that the current exploration, development, environmental and other objectives concerning the Project can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner and that permitting and operations costs will not materially increase; and that we will be able to discharge our liabilities as they become due and continue as a going concern. Forward-Looking Information are based on certain material assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among other things,聽 risks related to unforeseen delays in the review and permitting process, including as a result of legal challenges to the ROD or other permits; risks related to opposition to the Project; risks related to increased or unexpected costs in operations or the permitting process; risks that necessary financing will be unavailable when needed on acceptable terms, or at all, as well as those factors discussed in Perpetua Resources' public filings with the SEC and its Canadian disclosure record. Although Perpetua Resources has attempted to identify important factors that could affect Perpetua Resources and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business and liquidity, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the SEC, which are available at and with the Canadian securities regulators, which are available at . Except as required by law, Perpetua Resources does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
View original content:
SOURCE Perpetua Resources Corp.