PERPETUA ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Perpetua Resources Corp. and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against Perpetua Resources Corp. due to significant increases in capital expenditure for the Stibnite Gold Project, which were not adequately disclosed to investors [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit is on behalf of all individuals and entities who purchased Perpetua securities between April 17, 2024, and February 13, 2025, with a deadline of May 20, 2025, for investors to apply as lead plaintiffs [1]. - The complaint alleges that the defendants downplayed the impact of inflation and other factors that could lead to increased capital costs for the Stibnite Gold Project [2]. Financial Impact - On February 13, 2025, Perpetua revealed an updated cash flow model indicating additional capital expenses of $952 million, representing a more than 75% increase from initial estimates [3]. - The increase in costs was attributed to inflation, indirect costs, higher mining costs, and specific design changes, such as switching from timber to steel for electrical poles [3]. - Following this announcement, Perpetua's stock price dropped from$ 11.97 to $9.29 per share, a decline of approximately 22.39% in one day [3].