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.