Contact The Gross Law Firm by May 20, 2025 Deadline to Join Class Action Against Perpetua Resources Corp. (PPTA)

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].