Finance

Perpetua Resources Promotes Jessica Largent to Chief Financial Officer

Perpetua Resources Promotes Jessica Largent to Chief Financial Officer

The Perpetua team has been further strengthened with the hiring of Chris Fogg

Boise, Idaho, March 25, 2022 /CNW/ – Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) (“Perpetua Resources” or “Perpetua” or the “Company”) announced today that Jessica Largent will be appointed Chief Financial Officer from April 1, 2022. Ms. Largent will replace Chris Foster who has held the position of Chief Financial Officer on a contractual basis since March 2021.

Jessica Largent, Chief Financial Officer (CNW Group/Perpetua Resources Corp.)

Ms. Largent joined the Perpetua team in February 2021 as Vice President, Finance and Investor Relations and was instrumental in leading the finance team through a number of recent milestones including the listing of the company’s shares on the stock exchange NASDAQ and the successful achievement of a $57.5 million public offering of shares in August 2021 to ensure that Perpetua is well capitalized as it advances the Stibnite gold project through the final stages of the permitting process. Under Ms. Largent’s leadership, Perpetua entered into a supply agreement to supply a portion of the antimony output from the Stibnite Gold Project to Ambri Inc., laying the groundwork to help facilitate the decarbonization of energy grids in the United States. United and in the world.

“I am delighted with Jessica’s promotion to CFO,” said Laurel Sayer, President and CEO of Perpetua Resources. “Jessica has extensive industry knowledge and her experience and proven success will continue to strengthen our diverse management team. She will be a valuable contributor as we advance Perpetua’s vision to redevelop and restore an abandoned mine site while providing the essential minerals our nation needs.”

Ms. Largent held senior financial positions at Newmont, Turquoise Hill Resources and Rio Tinto before joining Perpetua Resources. She has over 15 years of experience in the mining industry in the areas of financial reporting, accounting, strategic planning and investor relations.

Perpetua Resources is also pleased to welcome Chris Fogg as Head of Investor Relations. Mr. Fogg joined the Company March 1, 2022 and will lead Perpetua’s investor relations function following Ms. Largent’s promotion to chief financial officer. Chris will be responsible, alongside Ms. Largent, for the investor relations strategy to ensure that Perpetua’s investment thesis is well understood by the market. Mr. Fogg brings over seven years of gold industry experience in investor relations, capital markets and mergers and acquisitions, and was most recently at Newmont.

About Perpetua Resources and the Stibnite Gold Project
Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site reclamation and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho which are encompassed by the Stibnite gold project. The project is one of the richest open pit gold deposits in United States and is designed to apply a modern and responsible mining approach to restore an abandoned mine site and produce both gold and the only source of antimony mined in United States. To further advance Perpetua Resources’ ESG and sustainable mining objectives, the project will be powered by the lowest carbon emissions grid in the country and a portion of the antimony produced from the project will be supplied to Ambri, a company based in the United States marketing a liquid metal battery essential for the low carbon energy transition. In addition to the company’s commitments to transparency, accountability, environmental stewardship, safety and community engagement, Perpetua Resources has adopted formal ESG commitments which can be found here.

Forward-looking information
Statements contained in this press release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable Canadian securities laws and the Private United States Securities Litigation. Reform Act of 1995. Forward-looking information includes, but is not limited to, disclosure of possible events, next steps and plans of action, including plans regarding the Stibnite Gold Project and the success of this project. In some instances, forward-looking information can be identified by the use of words and phrases or variations of such words and phrases or statements such as “anticipate”, “expect”, “plan”, ” likely”, “believe”, “intend”, “expect”, “project”, “estimate”, “potential”, “could”, “may”, “will”, “would” or “should” Forward-Looking Information in this press release are based on certain important assumptions and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. These risks and other factors include factors discussed in Perpetua Resources’ public filings with the United States Securities and Exchange Commission (the “SEC”) and its Canadian disclosure filings. Although Perpetua Resources has attempted to identify important factors that could affect Perpetua Resources and cause actual actions, events or results to differ materially from those described in the forward-looking information, there may be other factors that cause actions, events or results not to be as intended, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. For more information about these and other risks and uncertainties that could affect the Company’s business, see the “Risk Factors” section of the Company’s filings with the SEC, which are available at ‘address www.sec.gov and from Canadian securities regulators, available at www.sedar.com. Except as required by law, Perpetua Resources undertakes no obligation to publicly release any revisions to the forward-looking information contained in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events. .

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SOURCEPerpetua Resources Corp.

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