Perpetua Resources announces $300M bought deal, $100M private placement

Perpetua Resources (PPTA) announced that it has entered into an agreement with National Bank of Canada Financial Markets and BMO Capital Markets, on behalf of themselves and a syndicate of underwriters under which the Underwriters have agreed to purchase, on a bought deal basis, 22,728,000 common shares, no par value, of the company at a price of $13.20 per common share for aggregate gross proceeds of approximately $300M. National Bank of Canada Financial Markets and BMO Capital Markets are acting as joint lead bookrunning managers for the Offering. In connection with the Offering, Paulson & Co. has entered into an agreement to purchase $100M of common shares in a private placement at the Offering Price. The Offering is expected to close on or about June 16.