Wow, this has very low grade antimony but is getting revved to go ahead. People argue interest in PPTA is for its Sb because there’s a lot of Goldie’s for anyone chasing gold investments. Wa8 probably look for MOU’s with a US operator like UAMY. And discuss a path forward.
Perpetua Resources (Nasdaq: PPTA) (TSX: PPTA) announced Wednesday 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 who have agreed to purchase 22,728,000 common shares of the company for $13.20 per share for $300 million.
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 $100 million of common shares.
WA8 Price at posting:
12.0¢ Sentiment: None Disclosure: Held
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