Core Viewpoint - The Gross Law Firm is notifying shareholders of Perpetua Resources Corp. regarding a class action lawsuit due to significant increases in capital expenditure for the Stibnite Gold Project, which led to a substantial decline in the company's stock price [1][2]. Summary by Sections Class Action Details - Shareholders who purchased shares of Perpetua Resources Corp. (NASDAQ: PPTA) between April 17, 2024, and February 13, 2025, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][2]. - The lawsuit alleges that the company misrepresented the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost increases [2]. Financial Impact - On February 13, 2025, Perpetua disclosed an updated cash flow model revealing additional capital expenses of $952 million, representing a more than 75% increase from initial estimates [2]. - Following this announcement, Perpetua's stock price dropped from $11.97 per share to $9.29 per share on February 14, 2025, marking a decline of approximately 22.39% in one day [2]. Next Steps for Shareholders - The deadline for shareholders to register for the class action is May 20, 2025, and those who register will receive updates throughout the case lifecycle [3]. - Participation in the case incurs no cost or obligation for shareholders [3]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Perpetua Resources Corp. during the specified Class Period of the upcoming lead plaintiff deadline on May 20, 2025 [1] Group 1: Class Action Details - Investors who purchased Perpetua securities between April 17, 2024, and February 13, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 20, 2025 [3] - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4] Group 3: Case Specifics - The lawsuit alleges that during the Class Period, Perpetua's management provided misleading information regarding the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost factors [5] - The misleading statements led investors to purchase Perpetua's securities at artificially inflated prices, resulting in damages when the true costs were revealed [5]

Core Points - Perpetua Resources Corp. held its annual general meeting on May 15, 2025, with 48,388,748 common shares represented, accounting for 67.90% of the votes attached to all outstanding shares [1][2] - All director nominees were elected with significant support, with the highest percentage of votes for Jonathan Cherry at 99.85% [2] - PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 99.76% voting in favor [3] 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 [4] - The Stibnite Gold Project is noted 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 antimony, the latter being crucial for U.S. defense needs [4] - The project is set to be powered by one of the lowest carbon emissions grids in the nation and has received $59.2 million in DPA funding to advance construction readiness and permitting [4]

Core Viewpoint - A class action securities lawsuit has been filed against Perpetua Resources Corp. due to alleged securities fraud that affected investors between April 17, 2024, and February 13, 2025 [1]. Case Details - The lawsuit claims that the defendants misrepresented the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost increases [2]. - On February 13, 2025, Perpetua disclosed an updated cash flow model revealing additional capital expenses of $952 million, representing a more than 75% increase from initial estimates, which were expected to rise by only 10-20% [2]. - The increased costs were attributed to inflation, indirect costs, higher mining costs, and specific design changes made by the defendants, such as switching from timber to steel for electrical poles and opting to buy rather than lease the oxygen plant [2]. - Following this announcement, Perpetua's stock price plummeted from $11.97 per share to $9.29 per share on February 14, 2025, marking a decline of approximately 22.39% in one day [2]. Next Steps - Investors who suffered losses during the specified timeframe have until May 20, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the lawsuit does not require any out-of-pocket costs or fees for class members [3]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Perpetua Resources Corp. (NASDAQ: PPTA). Shareholders who purchased shares of PPTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/perpetua-resources-corp-loss-submission-form/?id=148451&from=3 CLASS PERIO ...

Core Viewpoint - A class action securities lawsuit has been filed against Perpetua Resources Corp. due to alleged securities fraud that affected investors between April 17, 2024, and February 13, 2025 [1] Case Details - The lawsuit claims that the defendants misled investors regarding the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost increases [2] - On February 13, 2025, Perpetua disclosed an updated cash flow model revealing additional capital expenses of $952 million, representing a more than 75% increase from initial estimates, which were expected to rise by only 10-20% [2] - The increased costs were attributed to inflation, indirect costs, higher mining costs, and specific project decisions, such as changing the design of electrical poles from timber to steel and opting to buy rather than lease the oxygen plant [2] - Following this announcement, Perpetua's stock price dropped from $11.97 per share to $9.29 per share on February 14, 2025, marking a decline of approximately 22.39% in one day [2] Next Steps - Investors who suffered losses during the specified timeframe have until May 20, 2025, to request appointment as lead plaintiff, although participation does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Why Levi & Korsinsky - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the U.S. [4]

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Perpetua Resources Corp. regarding a class action lawsuit due to significant increases in capital expenditure for the Stibnite Gold Project, which led to a substantial decline in the company's stock price [1][3]. Summary by Relevant Sections Class Action Details - Shareholders who purchased shares of Perpetua Resources Corp. (NASDAQ: PPTA) between April 17, 2024, and February 13, 2025, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][3]. - The allegations include that the defendants provided misleading information about the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost increases [3]. Financial Impact - On February 13, 2025, Perpetua announced an updated cash flow model revealing additional capital expenses of $952 million, representing a more than 75% increase from initial estimates [3]. - The stock price of Perpetua fell from $11.97 per share on February 13, 2025, to $9.29 per share on February 14, 2025, marking a decline of approximately 22.39% in one day [3]. Next Steps for Shareholders - The deadline for shareholders to register for the class action is May 20, 2025, and there is no cost or obligation to participate [4]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [4]. Firm's Commitment - The Gross Law Firm is dedicated to protecting investors' rights and ensuring companies adhere to responsible business practices [5].

BOISE, Idaho, May 12, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today that its unaudited condensed consolidated financial results for the period ended March 31, 2025 were 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 critical mineral antimony, develop one of the largest and highest-grade open pit gold ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Perpetua Resources Corp. regarding a class action lawsuit due to significant increases in capital expenditure for the Stibnite Gold Project, which led to a substantial decline in the company's stock price [1][2]. Summary by Sections Allegations - The complaint alleges that Perpetua Resources Corp. misled investors about the expected initial capital expenditure for the Stibnite Gold Project, downplaying the impact of inflation and other cost increases [2]. - On February 13, 2025, Perpetua revealed an updated cash flow model indicating additional capital expenses of $952 million, representing a more than 75% increase from initial estimates, which were expected to rise only by 10-20% [2]. - The increased costs were attributed to inflation, indirect costs, higher mining costs, and specific design changes made by the company [2]. Stock Price Impact - Following the announcement of increased capital expenses, Perpetua's stock price fell from $11.97 per share on February 13, 2025, to $9.29 per share on February 14, 2025, marking a decline of approximately 22.39% in one day [2]. Class Action Details - Shareholders who purchased shares of PPTA during the class period from April 17, 2024, to February 13, 2025, are encouraged to register for the class action lawsuit, with a deadline of May 20, 2025 [3]. - Participants will be enrolled in a portfolio monitoring software to receive updates on the case [3]. Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit and illegal business practices, ensuring companies adhere to responsible business practices [4].

Financial Performance - The net loss for the three months ended March 31, 2025, was $8.2 million, compared to a net loss of $2.9 million for the same period in 2024, indicating an increase in loss of approximately 178%[19] - The basic loss per share increased from $0.05 in Q1 2024 to $0.12 in Q1 2025, reflecting a deterioration in financial performance[19] - The company’s consolidated net loss is the primary measure used to assess profitability, which informs operating cash flow decisions on a monthly basis[80] - The net loss for the three months ended March 31, 2025, was $8.2 million, an increase of $5.3 million compared to a net loss of $2.9 million for the same period in 2024, primarily due to a $6.5 million increase in exploration expenses[98] Exploration Expenses - Exploration expenses rose significantly to $13.1 million for the three months ended March 31, 2025, compared to $6.6 million in the prior year, reflecting an increase of approximately 99%[19] - Exploration expenses for the three months ended March 31, 2025, totaled $13.1 million, which is $6.5 million (99%) higher than the $6.6 million reported in 2024, driven by increases in engineering, permitting, and consulting costs[102] - The total exploration costs for the three months ended March 31, 2025, amounted to $13,094,429, a significant increase from $6,572,460 in the same period of 2024, reflecting a 99% increase[81] Cash and Assets - Total assets decreased from $117.6 million as of December 31, 2024, to $111.5 million as of March 31, 2025, representing a decline of approximately 5.5%[17] - Cash and cash equivalents decreased from $44.1 million at the beginning of the period to $19.1 million at the end of the period, a reduction of approximately 56.6%[23] - As of March 31, 2025, the company had cash and cash equivalents of approximately $19.1 million, with an additional $3.9 million remaining available for reimbursement under the TIA until June 16, 2025[110] - The company anticipates that available cash resources will be exhausted by Q3 2025 without additional financing, raising concerns about its ability to meet ongoing obligations[28] Shareholder Equity - The company reported a total shareholders' equity of $102.6 million as of March 31, 2025, down from $108.9 million at the end of 2024, a decrease of approximately 5.8%[17] - The weighted average common shares outstanding increased from 64.1 million in Q1 2024 to 70.6 million in Q1 2025, an increase of approximately 10.5%[19] Strategic Initiatives - The company is exploring various strategic and funding opportunities, including potential equity issuance and government funding, to support its operations[28] - The Company has engaged RBC Capital Markets and Endeavour Financial to assist in evaluating potential strategic and financing opportunities, including a $1.8 billion Letter of Interest from U.S. EXIM[28] - The company has engaged RBC Capital Markets and Endeavour Financial to explore strategic and financing opportunities, including a potential $1.8 billion debt financing from U.S. EXIM[114] Grant Income - Grant income for the three months ended March 31, 2025, totaled $6,383,390, an increase from $5,169,738 in the same period of 2024[76] - The Company received $6.1 million as grant income related to the Department of Defense funding during the three months ended March 31, 2025, with an expectation to recognize approximately $3.9 million in remaining funds[93] - The Company recognized $6.1 million as grant income related to the TIA during the three months ended March 31, 2025, and was reimbursed $6.2 million for certain costs incurred under the TIA[113] - For the three months ended March 31, 2025, the Company recognized $281,739 as grant income related to the OTIA and anticipates an additional $1.9 million in the second quarter of 2025[94] Settlement Agreements - The Company recognized an expense of $5 million related to a settlement agreement with the Nez Perce Tribe, with $2 million paid towards this obligation as of March 31, 2025[71] - A settlement agreement with the Nez Perce Tribe involves total payments of $5.0 million over four years, including $4.0 million for water quality improvement projects[129] - As of March 31, 2025, the current portion of the settlement was $1.0 million, with the remaining $2.0 million classified as long-term[129] Environmental and Regulatory Matters - The Company is focused on finalizing the remaining permits for the Stibnite Gold Project to support a construction decision expected in 2025[84] - The Company’s CWA Section 404 permit application is under review, with expectations for issuance in the second quarter of 2025[89] - The environmental reclamation liability balance at the end of March 31, 2024, was $700,412, with no work performed on early action items during the three months ended March 31, 2025[61] Capital Expenditures - Anticipated expenditures for fiscal year 2025 are approximately $67.5 million, including $12.9 million for permitting the Stibnite Gold Project and $29.3 million for detailed engineering and design work[121] - The estimated capital costs to develop the Stibnite Gold Project are approximately $2,215 million as of the fourth quarter of 2024[121] - The company expects to make a construction decision for the Stibnite Gold Project in 2025, which may significantly increase capital expenditures[121] Internal Controls and Legal Matters - The company's disclosure controls and procedures were evaluated as effective as of March 31, 2025[124] - There were no changes in internal control over financial reporting that materially affected the company during the quarter ended March 31, 2025[125] - A putative federal class action lawsuit was filed against the company, alleging violations of the Exchange Act regarding capital expenditures for the Stibnite Gold Project[132] - The company believes the federal permitting process for the Stibnite Gold Project was conducted thoroughly and completely[131]