Core Viewpoint - The Schall Law Firm is investigating Perpetua Resources Corp. for potential violations of securities laws related to misleading statements and undisclosed information affecting investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Perpetua issued false or misleading statements or failed to disclose relevant information to investors [2]. - Perpetua filed a current report on form 8-K with the SEC on February 13, 2025, revealing an updated cash flow model for the Stibnite Gold Project based on engineering work completed by Ausenco Engineering USA South Inc. in January 2025 [2]. Group 2: Financial Update Insights - The Financial Update indicated an increase in initial and total capital expenditures and Life of Mine (LOM) All-In Sustaining Costs (AISC) compared to the 2020 Feasibility Study [2]. - Despite the increase in costs, the rise in commodity prices led to improvements in key economic metrics, including Annual Average EBITDA and Annual Average Free Cash Flow, while maintaining a similar after-tax Net Present Value (NPV) at a 5% discount rate [2]. - Following the announcement of the Financial Update, shares of Perpetua fell by 22.3% on February 14, 2025 [2].
PPTA Investors Have Opportunity to Join Perpetua Resources Corp. Fraud Investigation with the Schall Law Firm