Perpetua Resources Corp. has announced a significant financing initiative, comprising a US$300 million bought deal and a US$100 million private placement, to support its Stibnite Gold Project. The company has entered into an agreement with National Bank of Canada Financial Markets and BMO Capital Markets to sell 22,728,000 common shares at US$13.20 each, generating approximately US$300 million. Additionally, Paulson & Co. Inc. has committed to purchasing US$100 million of common shares in a private placement at the same price. An option to purchase up to an additional 3,409,200 shares could increase the offering's proceeds to US$345 million if fully exercised. The offering is expected to close around June 16, 2025, subject to customary conditions.
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