Business

Perpetua Resources Announces Public Offering of Common Shares

Perpetua Resources Announces Public Offering of Common Shares Canada NewsWire ...

articlePerpetua Resources Corp.August 12, 20213/company/perpetua-resources-corp-1/news/perpetua-resources-announces-public-offering-of-common-shares
Perpetua Resources Announces Public Offering of Common Shares

About this update from Perpetua Resources Corp.

[{"type":"text","content":"\n \n \n \n Perpetua Resources Announces Public Offering of Common Shares\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n BOISE, Idaho\n \n ,\n \n Aug. 12, 2021\n \n /CNW/ -\n \n Perpetua Resources Corp.\n \n (NASDAQ: PPTA) (TSX: PPTA) (\"Perpetua Resources\" or the \"Company\") today announced the launch of a marketed public offering of Perpetua Resources common shares (the \"Common Shares\") in\n \n the United States\n \n and\n \n Canada\n \n (the \"Offering\").\n \n \n The Common Shares will be offered by the Company in an underwritten public offering with B. Riley Securities, Inc. and Cantor Fitzgerald Canada Corporation (collectively, the \"Underwriters\") acting as joint book-running managers.  The Offering is subject to market and other conditions and the total price and size will be determined upon the signing of the underwriting agreement (the \"Underwriting Agreement\").\n \n \n Perpetua Resources will grant the Underwriters an over-allotment option, exercisable for a period of 30 days from the date of the Underwriting Agreement, to purchase up to an additional 15% of the total number of Common Shares to be sold pursuant to the Offering.\n \n \n The Company 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.\n \n \n In connection with the Offering, Perpetua Resources will file a preliminary prospectus supplement (the \"Preliminary Prospectus Supplement\") to its base shelf prospectus dated\n \n April 1, 2021\n \n (the \"Base Shelf Prospectus\") to offer securities in each of the provinces of\n \n Canada\n \n , except\n \n Quebec\n \n . The Base Shelf Prospectus was filed with, and declared effective by, the U.S. Securities and Exchange Commission (\"SEC\") as part of a registration statement on Form F-10 under the U.S.-\n \n Canada\n \n multijurisdictional disclosure system (MJDS). A U.S. version of the Preliminary Prospectus Supplement will also be filed with t...

More updates from Perpetua Resources Corp.