Core Viewpoint - A class action has been filed against Perpetua Resources Corp. for allegedly misleading investors about the costs associated with the Stibnite Gold Project, with significant increases in capital expenses revealed [1][2]. Group 1: Allegations and Financial Impact - The complaint alleges that Perpetua misrepresented the reliability of information regarding the initial capital expenses 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 indicating additional capital expenses of 11.97 to $9.29 per share, a decline of approximately 22.39% [3]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must file their papers by May 20, 2025, although participation is not required to be eligible for recovery [4].
PPTA Stockholders Should Contact Shareholder Rights Law Firm Robbins LLP for Information on How to Lead the Class Action Against Perpetua Resources Corp.