Perpetua Resources Corp. announced the pricing of a public offering of 3,439,465 shares of its common stock at US$10.17 per share.
The offering is expected to generate gross proceeds of approximately $35 million, or up to $40 million if the underwriters fully exercise their option to purchase additional shares.
The company intends to allocate the net proceeds towards down payments on long lead time materials, detailed engineering for the Stibnite Gold Project, and general corporate purposes, with the closing anticipated around November 20, 2024.
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