Perpetua Resources Announces Pricing of Offering of Common Shares for Gross Proceeds of $35 million
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Perpetua Resources Corp. has announced the pricing of its public offering of common shares, aiming to raise approximately $35 million, with potential to increase to $40 million if underwriters exercise their option.
November 18, 2024 | 2:45 pm
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Perpetua Resources has priced its public offering of common shares at $10.17, aiming to raise $35 million, with potential to increase to $40 million if underwriters exercise their option.
The announcement of a public offering typically indicates a company's need for capital, which can be used for growth or debt reduction. The pricing at $10.17 per share and the potential to raise up to $40 million if options are exercised suggests positive investor interest. This could lead to a short-term increase in stock price as the market reacts to the company's capital raising efforts.
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