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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (date of earliest event reported):
April 16, 2026
Perpetua Resources Corp.
(Exact name of registrant as specified in its charter)
| British Columbia |
001-39918 |
98-1040943 |
(State or other jurisdiction of
incorporation) |
(Commission File Number) |
(I.R.S. Employer
Identification No.) |
|
405 S. 8th Street, Ste. 201
Boise, Idaho |
|
83702 |
(Address of principal executive
offices) |
|
(Zip Code) |
Registrant’s telephone
number, including area code: (208) 901-3060
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of
the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which
registered |
| Common Shares, without par value |
PPTA |
Nasdaq Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company x
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 1.01 |
Entry into a Material Definitive Agreement. |
As previously disclosed on
December 22, 2025, Perpetua Resources Idaho, Inc. (“PRII”), a wholly owned subsidiary of Perpetua Resources Corp.
(the “Company”), entered into an engineering, procurement, and construction management services agreement (the “Agreement”)
with Hatch Ltd. (“Hatch”) for certain design, engineering, procurement, construction management, testing, studies,
and related services for the Company’s Stibnite Gold Project (the “Project”). As previously disclosed on February
28, 2026, PRII and Hatch entered into an amendment (the “First Amendment”) to the Agreement to, among other things,
add the design and installation of the pressure-oxidation and oxygen system (the “POX/O2 System”) to Hatch’s
scope of services under the Agreement and finalize the process guarantee. Unless defined herein, capitalized terms have the same meanings
as in the Agreement, as amended.
Subsequent to the First Amendment,
PRII selected Hatch as the direct supplier of certain required equipment for the Project, including autoclaves, flash vessels and vent
gas cyclones (collectively, the “Proprietary Equipment”). On April 16, 2026, PRII and Hatch entered into a second
amendment to the Agreement (the “Second Amendment”), to establish supplementary terms and conditions applicable solely
to the design, engineering and supply of the Proprietary Equipment. Under the Second Amendment, Hatch will supply the Proprietary Equipment,
for a fixed aggregate purchase price of $32.1 million (the “Purchase Price”), which is subject to adjustment by change
order under limited circumstances, including changes in specifications or delivery, force majeure events, changes in applicable law,
or certain unanticipated delivery circumstances. The Purchase Price excludes on-site supervision, installation, erection, testing and
commissioning services, which may be provided by Hatch under a change order to the Agreement, and any taxes, tariffs, levies or similar
governmental or regulatory charges (other than payroll or income taxes), which are payable by PRII.
The Second Amendment also
provides a separate warranty and limitation of liability regime for the Proprietary Equipment and establishes specific intellectual property
rights and restrictions relating to the Proprietary Equipment, in each case, subject to the terms and exclusions set forth in the Agreement.
The Second Amendment may be terminated by PRII for convenience upon not less than 30 days’ prior written notice, subject to specified
payment obligations, and by Hatch pursuant to the termination-for-cause rights under the Agreement, which would result in certain additional
payment rights in favor of Hatch.
The foregoing description of the Second Amendment does not purport to be complete and is subject to, and qualified in its entirety by,
the full text of the Second Amendment, a copy of which is filed (with certain portions redacted in accordance with Item 601(b)(1)(iv)
of Regulation S-K) as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01. |
Financial Statements and Exhibits. |
(d) Exhibits
Exhibit Index
| Exhibit No. |
|
Description |
| 10.1*# |
|
Amendment No. 2 to Engineering, Procurement, and Construction Management Services Agreement, made and executed as of April 16, 2026, by and between Perpetua Resources Idaho, Inc. and Hatch Ltd. |
| 104 |
|
Cover Page Interactive Data File (formatted as Inline XBRL) |
| * | Portions of this exhibit have been redacted in compliance with
Regulation S-K Item 601(b)(10)(iv). |
| # | Schedules have been omitted pursuant to Regulation S-K Item
601(b)(2). The Company agrees to furnish to the SEC a copy of any omitted schedule upon request. |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
PERPETUA RESOURCES CORP. |
| |
|
|
| Dated: April 22, 2026 |
By: |
/s/ Mark Murchison |
| |
|
Mark Murchison |
| |
|
Chief Financial Officer |
