Hunton Andrews Kurth Represents Perpetua Resources Corp. on $35 Million Public Offering

Hunton Andrews Kurth recently represented Perpetua Resources Corp. (NASDAQ: PPTA/TSX: PPTA) in connection with its public offering of 3,439,465 Common Shares, with an over-allotment option for the Underwriters to purchase up to an additional 515,919 Common Shares. The $35 million transaction (which did not include exercise of the over-allotment option) closed on November 20.

Perpetua is focused on the exploration, site restoration and redevelopment of mining properties, principally the gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Stibnite Gold Project is one of the highest-grade, open pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States.

Partners Joanna Enns and Phil Haines led the deal team with the assistance of corporate associates Kathleen Dill, Kaitlyn Thorson and Field Daniel. Partner Henry Havre advised on Opinion matters, and partners Robert McNamara and Allison Mantor handled Tax matters with the assistance of associate Caitlin Scipioni.