Perpetua team further strengthened by 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 effective April 1,
2022. Ms. Largent will replace Chris
Foster who has served as Chief Financial Officer on a
contract basis since March 2021.
Ms. Largent joined the Perpetua team in February 2021 as Vice President, Finance and
Investor Relations and has been instrumental in leading the finance
team through a number of recent milestones including listing the
Company's shares on the NASDAQ stock exchange and successfully
completing a $57.5 million public
equity offering in August 2021 to
ensure 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 provide a portion of antimony production from the
Stibnite Gold Project to Ambri Inc., establishing the foundation to
help facilitate the decarbonization of energy grids in the U.S. and
around the world.
"I am excited about Jessica's promotion to Chief Financial
Officer," said Laurel Sayer,
President and Chief Executive Officer of Perpetua Resources.
"Jessica has a wealth of industry knowledge and her experience and
proven success will continue to strengthen our diverse leadership
team. She will be a valuable contributor as we advance Perpetua's
vision to redevelop and restore an abandoned mine site while
providing critical minerals our nation needs."
Ms. Largent held finance leadership roles at Newmont, Turquoise
Hill Resources and Rio Tinto prior to joining Perpetua Resources.
She has more than 15 years of mining industry experience in
financial reporting, accounting, strategic planning and investor
relations.
Perpetua Resources is also pleased to welcome Chris Fogg as Manager of Investor Relations. Mr.
Fogg joined the Company March 1, 2022
and will lead Perpetua's investor relations function following the
promotion of Ms. Largent to Chief Financial Officer. Chris will be
responsible alongside Ms. Largent for the investor relations
strategy to ensure 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 &
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 restoration and
redevelopment of gold-antimony-silver deposits in the
Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite
Gold Project. The Project is one of the highest-grade, open pit
gold deposits in the United States
and is designed to apply a modern, responsible mining approach to
restore an abandoned mine site and produce both gold and the only
mined source of antimony in the United
States. Further advancing Perpetua Resources' ESG and
sustainable mining goals, the Project will be powered by the lowest
carbon emissions grid in the nation and a portion of the antimony
produced from the Project will be supplied to Ambri, a US-based
company commercializing a low-cost 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
adopted formal ESG commitments which can be found here.
Forward-Looking Information
Statements contained
in this news 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 legislation and the United States
Private Securities Litigation Reform Act of 1995. Forward-Looking
Information includes, but is not limited to, disclosure regarding
possible events, next steps and courses of action including plans
with respect to the Stibnite Gold Project and the success of such
project. In certain cases, 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", "forecast",
"project", "estimate", "potential", "could", "may", "will", "would"
or "should". Forward-Looking Information in this news release
are based on certain material assumptions and involve known and
unknown risks, uncertainties and other factors which 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. Such risks and other factors include those factors
discussed in Perpetua Resources' public filings with the U.S.
Securities and Exchange Commission (the "SEC") and its Canadian
disclosure record. Although Perpetua Resources has attempted to
identify important factors that could affect Perpetua Resources and
may cause actual actions, events or results to differ materially
from those described in Forward-Looking Information, there may be
other factors that cause actions, events or results not to be as
anticipated, 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
further information on these and other risks and uncertainties that
may affect the Company's business, see the "Risk Factors" section
of the Company's filings with the SEC, which are available at
www.sec.gov and with the Canadian securities regulators, which are
available at www.sedar.com. Except as required by law, Perpetua
Resources does not assume any obligation to release publicly any
revisions to Forward-Looking Information contained in this news
release to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
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SOURCE Perpetua Resources Corp.