Perpetua Resources Corp SEC Filings

Insider award and holdings: Alexander Sternhell, a director of Perpetua Resources Corp. (PPTA), elected to receive 368 deferred share units (DSUs) in lieu of a cash retainer for his service in the third quarter of 2025. Each DSU converts into one common share (or, at the holder's election and subject to plan administrator approval, cash equal to the share value at settlement). The DSUs are fully vested as of grant and will be settled following the reporting person's separation from service. The grant was recorded using the issuer's closing share price of $18.86 on the Nasdaq Capital Market on September 24, 2025, and the reporting person beneficially owns 55,209 common shares following the transaction.

Jeffrey L. Malmen, a director of Perpetua Resources Corp. (PPTA), received 368 deferred share units (DSUs) on 09/25/2025 in lieu of a cash retainer for Q3 2025. Each DSU converts to one common share (or, subject to plan administrator approval, cash equal to the share value at settlement). The DSUs are fully vested on grant and will be settled after the reporting person's separation from service. The filing states the grant value was calculated using the Nasdaq closing price of $18.86 on 09/24/2025. After the grant, the reporting person beneficially owned 55,897 common shares. The Form 4 was executed by an attorney-in-fact and dated 09/26/2025.

Perpetua Resources director Richie Darrin Haddock received 368 deferred share units (DSUs) on 09/25/2025 in lieu of a cash retainer, each convertible into one common share or cash at settlement. The DSUs are fully vested on grant and will be settled after the reporting person’s separation from service. The grant used a price reference of $18.86 per share based on the 09/24/2025 Nasdaq close. Following this grant, Mr. Haddock beneficially owns 26,807 common shares. The filing indicates the award is part of routine director compensation under the company’s omnibus equity plan.

Michael Stephen Wright, identified as VP, Projects at Perpetua Resources Idaho Inc., reported purchases and a sale of Perpetua Resources Corp. (PPTA) common shares. On 08/31/2025 he was reported as acquiring 10,000 shares (shown at a reported price of $0) increasing his beneficial ownership to 24,195 shares. On 09/02/2025 he sold 10,000 shares in multiple trades at a weighted average price of $18.31 (prices ranged $18.29–$18.32), leaving him with 14,195 shares beneficially owned. The Form 4 was signed by Tanya Nelson as attorney-in-fact for Mr. Wright on 09/03/2025. The filing includes a footnote disclosing the weighted-average sale price and an undertaking to provide details on individual trade prices upon request.

Perpetua Resources Corp. (PPTA) received a Schedule 13G/A filing showing that Encompass Capital Advisors LLC and its managing member, Todd J. Kantor, report shared beneficial ownership of 3,608,369 common shares, representing 3.36% of the class. The filing states shared voting and dispositive power over these shares and affirms the holdings are not intended to influence control of the issuer.

The filing identifies Encompass as a Delaware investment adviser and Todd J. Kantor as a U.S. citizen and managing member, lists issuer and filer addresses, and includes a joint filing agreement signed August 14, 2025.

Perpetua Resources Corp. is advancing the Stibnite Gold Project and reported a dramatic strengthening of liquidity and equity following a June 2025 equity offering. Cash and cash equivalents were $425.4 million at June 30, 2025, up from $44.1 million at December 31, 2024. Total assets rose to $518.0 million from $117.6 million and shareholders' equity increased to $509.7 million from $108.9 million, principally reflecting equity proceeds.

Operationally, the company recorded a Q2 2025 net loss of $6.03 million (Q2 2024: $3.67 million) and a six-month net loss of $14.23 million (six months 2024: $6.62 million). Exploration expense remained the largest operating cost at $10.97 million in Q2 and $24.06 million year-to-date. Perpetua submitted a formal application to U.S. EXIM for up to $2.0 billion of project debt financing, is negotiating a $200–$250 million royalty/stream and expects ~$155 million of construction-phase financial assurance from a counterparty. Key federal approvals including the ROD and a Section 404 permit were obtained, while federal and state legal challenges to permits remain pending. Management discloses that substantial doubt remains about completing all contemplated plans within one year absent further financing and approvals.