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Perpetua Resources Announces Webinar to Provide Update on Successful Financing and Next Steps to Unlock Value at the Stibnite Gold Project
Prnewswire· 2025-06-16 21:03
BOISE, Idaho, June 16, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") is pleased to announce that following the recent closing of its registered offering (the "Offering") and private placement (the "Private Placement") of common shares, it will host a webinar on Wednesday, June 18, 2025, at 9:30 AM Mountain Time (11:30 AM Eastern Time).The webinar will feature John Paulson, Perpetua Resources' largest shareholder, alongside the C ...
PPTA Deadline: PPTA Investors Have Opportunity to Lead Perpetua Resources Corp. Securities Fraud Lawsuit
Prnewswire· 2025-05-19 22:03
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, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Perpetua securities between April 17, 2024, and February 13, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 20, 2025 [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [3]. 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 [4]. - The misleading statements led investors to purchase Perpetua's securities at artificially inflated prices, resulting in damages when the true costs were revealed [4].
Lost Money on Perpetua Resources Corp. (PPTA)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-05-19 17:21
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][2]. Group 1: Lawsuit Details - The lawsuit claims that Perpetua Resources Corp. 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 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 project decisions, such as changing the design of electrical poles from timber to steel [2]. Group 2: Stock Price Impact - Following the announcement of increased capital expenses, Perpetua's stock price dropped significantly 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]. Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 20, 2025, to request appointment as lead plaintiff in the lawsuit, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 4: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
The Gross Law Firm Notifies Shareholders of Perpetua Resources Corp.(PPTA) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-05-19 17:04
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].
Perpetua Resources Corp. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before May 20, 2025 to Discuss Your Rights - PPTA
Prnewswire· 2025-05-16 09:45
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].
Class Action Filed Against Perpetua Resources Corp. (PPTA) Seeking Recovery for Investors – Contact The Gross Law Firm
GlobeNewswire News Room· 2025-05-15 17:56
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 ...
Contact The Gross Law Firm by May 20, 2025 Deadline to Join Class Action Against Perpetua Resources Corp. (PPTA)
GlobeNewswire News Room· 2025-05-12 17:09
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].
May 20, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against PPTA
Prnewswire· 2025-05-12 09:45
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].
Levi & Korsinsky Notifies Shareholders of Perpetua Resources Corp.(PPTA) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-05-08 17:48
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Perpetua Resources Corp. ("Perpetua Resources Corp." or the "Company") (NASDAQ: PPTA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Perpetua Resources Corp. investors who were adversely affected by alleged securities fraud between April 17, 2024 and February 13, 2025. Follow the link below to get more information and be contacted by a member of our team: https://z ...
The Gross Law Firm Reminds Perpetua Resources Corp. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 20, 2025 - PPTA
Prnewswire· 2025-05-08 09:45
NEW YORK, May 8, 2025 /PRNewswire/ -- 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=147307&from=4 CLASS PERIOD: April ...