Hunton Andrews Kurth Represents the Underwriters in Connection with Perpetua Resources Corp.’s $57.5 Million Offering of Common Stock

Hunton Andrews Kurth LLP represented the Underwriters in connection with Perpetua Resources Corp.’s (PPTA) $57.5 Million offering of common stock, which included the full exercise of the Underwriters over-allotment option. PPTA expects to use the net proceeds of the offering to continue permitting, early restoration and field operations, engineering and design at the Stibnite Gold Project and for general corporate purposes.

PPTA, through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of 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. PPTA is headquartered in Idaho.

The Hunton Andrews Kurth team included Richard Kronthal, Phil Haines, Mike Hoffman, Erin Jennings, Lexi Williams, and Kelli Regan on corporate matters, Robert McNamara and Tim Strother on tax matters, and Lisa Shelton on environmental matters.