Perpetua Resources Highlights Key Outcomes From 2025 Annual Meeting Of Shareholders

Overview of Annual Meeting


Perpetua Resources Corp., listed on Nasdaq and TSX as PPTA, recently concluded its virtual Annual General Meeting held on May 15, 2025. This meeting was essential as it provided shareholders with updates and transparency regarding the company's future endeavors, particularly the Stibnite Gold Project in Idaho.

Attendance and Voting Results


A remarkable total of 48,388,748 common shares, accounting for 67.90% of all outstanding shares, were represented at the meeting. Shareholders cast their votes, leading to the successful election of all director nominees presented in the management information circular. Below are the detailed results:

Nominee Votes For Votes Against Abstentions Percentage For Percentage Against Percentage Abstained
---------------------------
Marcelo Kim 40,455,869 1,781,843 15,558 95.75% 4.22% 0.04%
Christopher J. Robison 42,005,377 230,351 17,542 99.41% 0.55% 0.04%
Jonathan Cherry 42,189,752 40,634 22,884 99.85% 0.10% 0.05%
Andrew Cole 42,184,860 52,259 16,151 99.84% 0.12% 0.04%
Robert Dean 42,054,220 181,266 17,784 99.53% 0.43% 0.04%
Laura Dove 41,942,716 287,003 23,551 99.27% 0.68% 0.06%
Richie Haddock 42,177,974 54,444 20,852 99.82% 0.13% 0.05%
Jessica Largent 40,485,726 1,754,350 13,194 95.82% 4.15% 0.03%
Jeffrey Malmen 41,988,499 245,737 19,034 99.37% 0.58% 0.05%
Alexander Sternhell 42,062,119 172,494 18,657 99.55% 0.41% 0.04%

After tallying the votes, all nominated directors were re-elected and will serve until the next annual meeting.

Appointment of Independent Auditors


Additionally, shareholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2025. An overwhelming majority of 99.76% voted in favor of this appointment, underscoring the trust shareholders have in the firm’s capability and integrity.

The Stibnite Gold Project


The Stibnite Gold Project is a significant undertaking for Perpetua Resources, focusing on the redevelopment of gold-antimony-silver deposits situated in the Stibnite-Yellow Pine district of Idaho. This project not only aims to restore an abandoned mine site but also stands out as one of the highest-grade gold deposits in the U.S., making it crucial for both resource generation and environmental restoration.

The project promises a modern and responsible mining approach, powered by a low-emission energy grid. Moreover, it plays a vital role in U.S. defense needs by providing the only mined source of antimony, essential in many military applications.

In an exciting development, Perpetua Resources has recently been awarded a $59.2 million TIA from the DPA to facilitate the project’s construction readiness and permitting processes. This funding will enable the company to enhance its ESG commitments while ensuring transparency and accountability in its operations.

Looking Ahead


As Perpetua Resources continues to build momentum following this meeting, the focus now is on the successful implementation of the Stibnite Gold Project. Shareholders and the wider community will be watching closely to see how the company navigates the complexities of financing, regulatory approvals, and balancing economic goals with environmental stewardship.

For more detailed information, individuals can access the SEC filings via EDGAR or visit the company’s website.

Topics General Business)

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