Perpetua Resources Receives Indication for up to $1.8B Financing from Export-Import Bank of the United States for Stibnite Gold Project
Portfolio Pulse from Benzinga Newsdesk
Perpetua Resources Corp. has received a Letter of Interest from the Export-Import Bank of the United States for potential debt financing up to $1.8 billion for its Stibnite Gold Project. This financing is part of EXIM's 'Make More in America' and 'China and Transformational Exports Program' initiatives.
April 08, 2024 | 11:12 am
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Perpetua Resources Corp. received a Letter of Interest for up to $1.8 billion in potential debt financing from the Export-Import Bank of the United States for its Stibnite Gold Project.
The receipt of a Letter of Interest for substantial debt financing directly impacts Perpetua Resources by potentially providing the necessary capital for the Stibnite Gold Project. This financing aligns with EXIM's initiatives, indicating strong governmental support and confidence in the project's alignment with national interests. The potential infusion of $1.8 billion could significantly advance the project, likely positively affecting investor sentiment and the company's stock price in the short term.
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