Perpetua Resources Promotes Jessica Largent to Chief Financial Officer

Perpetua group additional strengthened by hiring of Chris Fogg

BOISE, Idaho, March 25, 2022 /CNW/ – Perpetua Sources Corp. (Nasdaq: PPTA) (TSX: PPTA) (“Perpetua Means” or “Perpetua” or the “Company”) declared today that Jessica Largent will be appointed Main Money Officer productive April 1, 2022. Ms. Largent will exchange Chris Foster who has served as Main Money Officer on a contract basis considering that March 2021.

Jessica Largent, CFO (CNW Group/Perpetua Resources Corp.) — Jessica Largent, CFO (CNW Team/Perpetua Methods Corp.)

Ms. Largent joined the Perpetua crew in February 2021 as Vice President, Finance and Investor Relations and has been instrumental in primary the finance group by a selection of the latest milestones including listing the Company’s shares on the NASDAQ stock trade and productively finishing a $57.5 million public fairness presenting in August 2021 to make certain Perpetua is well capitalized as it improvements the Stibnite Gold Task through the remaining stages of the allowing system. Beneath Ms. Largent’s leadership, Perpetua entered into a source agreement to provide a portion of antimony manufacturing from the Stibnite Gold Venture to Ambri Inc., setting up the basis to assist facilitate the decarbonization of vitality grids in the U.S. and all over the planet.

“I am fired up about Jessica’s advertising to Chief Economic Officer,” explained Laurel Sayer, President and Main Government Officer of Perpetua Sources. “Jessica has a prosperity of sector information and her experience and proven results will proceed to fortify our assorted management crew. She will be a important contributor as we progress Perpetua’s vision to redevelop and restore an abandoned mine internet site while furnishing significant minerals our country requirements.”

Ms. Largent held finance leadership roles at Newmont, Turquoise Hill Means and Rio Tinto prior to becoming a member of Perpetua Methods. She has extra than 15 decades of mining marketplace experience in monetary reporting, accounting, strategic preparing and investor relations.

Perpetua Assets is also happy to welcome Chris Fogg as Supervisor of Trader Relations. Mr. Fogg joined the Company March 1, 2022 and will lead Perpetua’s investor relations functionality following the promotion of Ms. Largent to Chief Money Officer. Chris will be liable along with Ms. Largent for the trader relations technique to make sure Perpetua’s investment decision thesis is nicely recognized by the industry. Mr. Fogg brings about seven several years of gold field expertise in trader relations, capital markets and mergers & acquisitions, and was most lately at Newmont.

About Perpetua Means and the Stibnite Gold Venture
Perpetua Means Corp., through its wholly owned subsidiaries, is centered on the exploration, web site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Challenge. The Challenge is 1 of the greatest-grade, open pit gold deposits in the United States and is developed to use a modern day, dependable mining strategy to restore an deserted mine website and produce the two gold and the only mined supply of antimony in the United States. More advancing Perpetua Resources’ ESG and sustainable mining goals, the Venture will be powered by the least expensive carbon emissions grid in the country and a portion of the antimony generated from the Undertaking will be equipped to Ambri, a US-dependent business commercializing a minimal-value liquid steel battery important for the reduced-carbon energy changeover. In addition to the firm’s commitments to transparency, accountability, environmental stewardship, security and group engagement, Perpetua Means adopted formal ESG commitments which can be identified here.

Ahead-Wanting Data
Statements contained in this news release that are not historical facts are “forward-wanting information and facts” or “ahead-looking statements” (collectively, “Forward-Searching Data”) in just the which means of applicable Canadian securities legislation and the United States Non-public Securities Litigation Reform Act of 1995. Ahead-Looking Info includes, but is not confined to, disclosure pertaining to achievable functions, subsequent ways and courses of action such as strategies with respect to the Stibnite Gold Challenge and the results of such challenge. In specified instances, Ahead-Hunting Information can be recognized by the use of phrases and phrases or variations of these words and phrases or statements this sort of as “anticipate”, “be expecting” “prepare”, “very likely”, “think”, “intend”, “forecast”, “undertaking”, “estimate”, “possible”, “could”, “may perhaps”, “will”, “would” or “must”. Ahead-Searching Facts in this news launch are primarily based on selected substance assumptions and include regarded and mysterious dangers, uncertainties and other aspects which may possibly trigger the real final results, general performance or achievements of Perpetua Resources to be materially distinctive from any future success, functionality or achievements expressed or implied by the Forward-Looking Information. This kind of dangers and other variables include people components talked over in Perpetua Resources’ general public filings with the U.S. Securities and Exchange Fee (the “SEC”) and its Canadian disclosure file. Whilst Perpetua Means has attempted to recognize essential elements that could have an impact on Perpetua Means and may perhaps cause precise steps, occasions or benefits to vary materially from those explained in Forward-Seeking Info, there may possibly be other variables that cause steps, activities or success not to be as predicted, approximated or intended. There can be no assurance that Forward-On the lookout Data will confirm to be precise, as genuine benefits and potential gatherings could differ materially from all those expected in this kind of statements. Appropriately, audience really should not place undue reliance on Forward-Hunting Info. For more details on these and other hazards and uncertainties that may perhaps have an effect on the Company’s company, see the “Hazard Components” section of the Company’s filings with the SEC, which are out there at www.sec.gov and with the Canadian securities regulators, which are accessible at www.sedar.com. Except as needed by regulation, Perpetua Sources does not believe any obligation to launch publicly any revisions to Ahead-Seeking Data contained in this information release to mirror gatherings or conditions following the date hereof or to replicate the event of unanticipated events.