Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Perpetua Resources Corp due to allegations of violations of federal securities laws related to misleading statements about the Stibnite Gold Project, which led to significant financial losses for investors [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $50,000 in Perpetua between April 17, 2024, and February 13, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Perpetua, with a deadline of May 20, 2025, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Perpetua and its executives made false or misleading statements regarding the true costs and financial projections of the Stibnite Gold Project, which inflated the stock price [4]. Group 2: Financial Impact and Stock Performance - Following the release of an updated cash flow model for the Stibnite Gold Project on February 13, 2025, Perpetua's stock price fell over 22% on February 14, 2025 [5][6]. - The updated financial model indicated an increase in initial and total capital expenditures, which contrasted with previous estimates, although it also noted improvements in key economic metrics such as Annual Average EBITDA and Free Cash Flow [5]. Group 3: Company Background and Contact Information - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Perpetua's conduct [8].

Core Viewpoint - The Executive Order by President Trump aims to enhance American mineral production and reduce reliance on foreign sources, with the Stibnite Gold Project positioned as a key initiative for domestic antimony supply and gold production [1][2][3] Company Overview - Perpetua Resources Corp. focuses on the exploration, restoration, and redevelopment of gold-antimony-silver deposits in Idaho, specifically through the Stibnite Gold Project, which is one of the highest-grade open-pit gold deposits in the U.S. [5] - The Project is designed to implement modern mining practices while restoring an abandoned mine site and producing both gold and antimony, the latter being critical for national defense and energy industries [5][4] Project Significance - The Stibnite Gold Project is expected to supply up to 35% of annual U.S. antimony demand in its first six years of production, addressing national defense needs and countering China's market dominance [3] - Antimony is essential for various applications, including fire retardants, batteries, semiconductors, and is a key component in munitions [3][4] Financial Aspects - Perpetua Resources received a Letter of Interest from the U.S. Export-Import Bank for $1.8 billion in 2024, and is assessing new financing programs to support the Stibnite Gold Project [2] - The company has been awarded over $70 million from the Department of Defense to advance the Project, highlighting its strategic importance [3][5] Environmental and Community Impact - The Project aims to create hundreds of family-wage jobs, improve water quality, and restore fish habitats, while also addressing legacy contamination at the mine site [4][5] - The Project will be powered by one of the lowest carbon emissions grids in the nation, aligning with Perpetua's ESG and sustainable mining goals [5]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against four companies: Dave, Inc., Red Cat Holdings, Inc., Perpetua Resources Corp., and Voyager Therapeutics, Inc. for possible violations of federal securities laws and other unlawful business practices [1] Company Summaries Dave, Inc. (NASDAQ: DAVE) - The Justice Department and FTC announced a civil enforcement action against Dave, Inc. and its CEO Jason Wilk for alleged violations of the FTC Act and ROSCA, claiming misleading advertising regarding cash advances, hidden fees, and recurring monthly fees without a cancellation mechanism [2] - Following the announcement, Dave shares opened at $84.00 on December 31, 2024, reflecting a drop of over 10% from the previous day [3] Red Cat Holdings, Inc. (NASDAQ: RCAT) - Kerrisdale Capital published a report alleging that Red Cat overstated the revenue potential of its U.S. Army SRR drone contract and lacks the production capacity to fulfill its promises, raising concerns about executive departures and insider transactions [4] - As a result, Red Cat's stock price fell by $2.36 per share, or 21.63%, closing at $8.55 per share on January 17, 2025 [4] Perpetua Resources Corp. (NASDAQ: PPTA) - The investigation focuses on whether Perpetua issued false or misleading statements and failed to disclose pertinent information. The company released an updated cash flow model for the Stibnite Gold Project, indicating increased capital expenditures and costs, but improved economic metrics due to rising commodity prices [5] - Following this news, shares of Perpetua fell by 22.3% on February 14, 2025 [5] Voyager Therapeutics, Inc. (NASDAQ: VYGR) - Voyager announced it would assess alternate payloads for its gene therapy program for ALS, stating that emerging preclinical data indicated issues with the siRNA payload component of VY9323, which does not meet their standards [6] - Consequently, Voyager's stock price dropped by $1.11 per share, or 20.86%, closing at $4.21 per share on February 11, 2025 [6]

BOISE, Idaho, March 20, 2025 /PRNewswire/ - Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company"), announced today that its Annual Report on Form 10-K for the year ended December 31, 2024, which includes its audited consolidated financial results for the period ended December 31, 2024, was filed. For details, please see the Company's filings available on EDGAR and SEDAR. Perpetua Resources' vision is to provide the U.S. with a domestic source of the critic ...

Financial Performance - The company has experienced continuing net losses and net negative working capital, raising substantial doubt about its ability to continue as a going concern [417]. - The net loss for 2024 was $14.5 million, a decrease from a net loss of $18.8 million in 2023, reflecting a reduction of approximately 22.5% [424]. - The accumulated deficit as of December 31, 2024, was approximately $595.2 million, up from $580.7 million in 2023 [430]. - The company reported a total net loss of $14,483,001 for the year ended December 31, 2024, down from $18,771,180 in 2023 [502]. - The U.S. net operating loss carryforward was approximately $42,705,202 as of December 31, 2024, compared to $42,897,060 in 2023 [503]. Assets and Equity - Total assets increased to $117.6 million in 2024 from $83.1 million in 2023, representing a growth of approximately 41.5% [422]. - Shareholders' equity increased to $108.9 million in 2024 from $72.3 million in 2023, an increase of about 50.7% [422]. - Cash and cash equivalents rose significantly to $44.1 million in 2024, up from $3.2 million in 2023, marking an increase of over 1,267% [428]. Exploration and Development - The company is focused on achieving its exploration, development, and environmental protection objectives for the Stibnite Gold Project [20]. - Exploration expenses surged to $45.3 million in 2024, compared to $29.9 million in 2023, indicating a year-over-year increase of approximately 51.5% [424]. - Exploration costs totaled $45,291,495 in 2024, up from $29,907,708 in 2023, with engineering costs increasing significantly to $23,155,660 [524]. Funding and Financing - The company plans to submit a financing application to the Export-Import Bank of the United States (U.S. EXIM) to secure funding for the Stibnite Gold Project [20]. - The company is reliant on timely access to capital and financing sources to fund its project development [20]. - The company is exploring various strategic and funding opportunities, including potential equity issuance and government funding [431]. - The company engaged RBC Capital Markets and Endeavour Financial to assist in evaluating potential strategic and financing opportunities [431]. Risks and Challenges - The company anticipates potential delays in obtaining required permits and governmental approvals, which could impact its business and financial condition [20]. - The company is subject to various risks including changes in commodity prices, regulatory changes, and competition within the mining industry [21]. - The company is assessing the impact of strategic transactions on its business and financial condition, including associated costs and risks [20]. Shareholder Information - The company reported a weighted average of 65.6 million common shares outstanding in 2024, compared to 63.2 million in 2023, reflecting an increase of approximately 3.8% [424]. - The company sold 1,834,104 common shares in 2024 for proceeds of approximately $10.4 million, compared to 894,882 shares for approximately $2.1 million in 2023, representing a 394.3% increase in proceeds [485]. - The company entered into an underwriting agreement on November 18, 2024, resulting in gross proceeds of approximately $33.2 million from the sale of 3,439,465 common shares [486]. Compensation and Expenses - Share-based compensation for the years ended December 31, 2024, and 2023 totaled $3,897,010 and $3,038,404, respectively, indicating a 28.4% increase [489]. - The company recognized $1,450,183 in compensation expense for Restricted Share Units (RSUs) in 2024, up from $1,262,926 in 2023, a rise of 14.9% [496]. - The company recognized compensation expenses related to PSUs and MPSUs of $1,984,866 and $1,089,214 for the years ended December 31, 2024 and 2023, respectively [497]. - The company expects to record an additional $2.3 million in compensation expense related to PSUs and MPSUs over the next 1.64 years [497]. Environmental and Legal Obligations - The company spent $2.3 million on environmental reclamation activities in 2024, significantly reduced from $10.9 million in 2023 [505]. - The Stibnite Foundation will receive total payments of $5 million over four years, including $4 million for water quality projects and $1 million for legal reimbursements [512]. - The company recognized a $5 million expense related to the CWA settlement in the second quarter of 2023 [512]. Accounting and Valuation - The company's financial information is based on the Financial Update for the Stibnite Gold Project, which is intended to supplement the 2020 Feasibility Study [35]. - The Company evaluates estimates related to deferred income tax asset valuations and share-based compensation, which may differ materially from actual results [436]. - The Company applies IAS 20 for accounting government grants, recognizing them when there is reasonable assurance that conditions will be met [465].

Core Viewpoint - Perpetua Resources Corp. has been added to the Market Vectors Junior Gold Miners Index and the VanEck Junior Gold Miners ETF, effective March 21, 2025, which may enhance its share liquidity and investment appeal [1][2]. Company Overview - Perpetua Resources focuses on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of Idaho, specifically through the Stibnite Gold Project [3]. - The Stibnite Gold Project is recognized as one of the highest-grade open-pit gold deposits in the U.S. and aims to restore an abandoned mine site while producing gold and the only mined source of antimony in the country [3]. Project Significance - The project is designed to align with modern, responsible mining practices and will utilize one of the lowest carbon emissions grids in the nation [3]. - A portion of the antimony produced will be supplied to Ambri, a U.S.-based company focused on low-cost liquid metal batteries, contributing to the low-carbon energy transition [3]. - Perpetua Resources has received a Technology Investment Agreement of $59.2 million in Defense Production Act funding to support the project's construction readiness and permitting [3]. Market Impact - Inclusion in the VanEck Junior Gold Miners ETF is expected to attract a broader base of institutional and retail investors, enhancing the investment case for Perpetua Resources [2][3]. - The company anticipates that this inclusion will increase the visibility and liquidity of its common shares, making the Stibnite Gold Project more attractive to investors [5][6].

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Perpetua Resources Corp and its officers or directors, following a significant stock price drop after the company updated its cash flow model for the Stibnite Gold Project [1][2][3] Group 1: Company Developments - On February 13, 2025, Perpetua disclosed an updated cash flow model for the Stibnite Gold Project, which included new cost estimates and commodity pricing [2] - The updated financial model indicates an increase in initial and total capital expenditures and Life of Mine All-In Sustaining Costs (LOM AISC) compared to the 2020 Feasibility Study [2] Group 2: Market Reaction - Following the announcement of the updated cash flow model, Perpetua's stock price fell by $2.68 per share, representing a 22.39% decrease, closing at $9.29 per share on February 14, 2025 [3]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Perpetua Resources Corp. due to allegations of materially misleading business information issued by the company [1]. Group 1: Company Information - Perpetua Resources filed a current report on Form 8-K with the SEC on February 13, 2025, which included an updated cash flow model for the Stibnite Gold Project based on engineering work completed by Ausenco Engineering USA South Inc. in January 2025 [4]. - The financial update indicated an increase in initial and total capital expenditures and Life of Mine All-In Sustaining Costs (LOM AISC) compared to the 2020 Feasibility Study, but also noted improvements in key economic metrics such as Annual Average EBITDA and Annual Average Free Cash Flow due to increased commodity prices [4]. - Following the announcement, Perpetua Resources' common stock fell by $2.68 per share, or 22.3%, closing at $9.29 per share on February 14, 2025 [4]. Group 2: Legal Action - Investors who purchased Perpetua Resources securities may be entitled to compensation through a class action lawsuit being prepared by Rosen Law Firm, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - To join the prospective class action, investors can submit a form or contact the law firm directly for more information [3]. Group 3: Rosen Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [5]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [5].

Core Viewpoint - The Schall Law Firm is investigating Perpetua Resources Corp. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Perpetua issued false or misleading statements or failed to disclose relevant information to investors [2]. - Perpetua filed a current report on form 8-K with the SEC on February 13, 2025, revealing an updated cash flow model for the Stibnite Gold Project based on engineering work completed by Ausenco Engineering USA South Inc. in January 2025 [2]. Group 2: Financial Update Insights - The Financial Update indicated an increase in initial and total capital expenditures and Life of Mine (LOM) All-In Sustaining Costs (AISC) compared to the 2020 Feasibility Study [2]. - Despite the increase in costs, the rise in commodity prices led to improvements in key economic metrics, including Annual Average EBITDA and Annual Average Free Cash Flow, while maintaining a similar after-tax Net Present Value (NPV) at a 5% discount rate [2]. - Following the announcement of the Financial Update, shares of Perpetua fell by 22.3% on February 14, 2025 [2].

Core Viewpoint - Perpetua Resources Corp. is under investigation following a significant drop in stock price after the release of an updated cash flow model for the Stibnite Gold Project, which indicated increased capital expenditures but improved economic metrics due to rising commodity prices [2]. Group 1: Investigation Details - On February 13, 2025, Perpetua Resources filed a current report on form 8-K with the SEC, detailing an updated cash flow model for the Stibnite Gold Project based on engineering work completed by Ausenco Engineering USA South Inc. in January 2025 [2]. - The Financial Update indicated an increase in initial and total capital expenditures and Life of Mine (LOM) All-In Sustaining Costs (AISC) compared to the 2020 Feasibility Study, but also showed improvements in Annual Average EBITDA and Annual Average Free Cash Flow due to higher commodity prices [2]. - Following the announcement, Perpetua Resources' stock fell by $2.68 per share, or 22.3%, closing at $9.29 on February 14, 2025 [2]. Group 2: Next Steps - Investors who purchased Perpetua Resources securities and have relevant information are encouraged to assist the investigation by visiting the firm's website or contacting the firm's representatives [3].