Perpetua Resources Announces Export-Import Bank Of The United States Agrees To Notify Congress Of Proposed $2.7B Long-Term Loan For Perpetua's Stibnite Gold Project

Perpetua Resources Corp. announced that the Export-Import Bank of the United States has agreed to notify Congress of a proposed $2.7 billion long-term loan for the Stibnite Gold Project. This loan includes approximately $2.2 billion as a direct loan, with the remainder allocated for capitalized interest and fees. The decision initiates a 25-day notice period before final approval, which Perpetua expects shortly thereafter. If approved, the funding, along with $714 million in cash on hand, will cover the estimated $2.576 billion capital cost to develop the project.