BOISE, ID, June 7, 2021 /CNW/ - Perpetua Resources
Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua
Resources" or the "Company") today announced that as part of the
annual reconstitution of the Russell stock indexes, Perpetua
Resources is expected to be included in the Russell
2000® Index and the broad-market Russell
3000® Index effective after the U.S. market opens on
June 28, 2021.
"We are pleased to have earned our inclusion in the Russell
2000® Index, one of the most widely cited performance
benchmarks for emerging U.S. companies," said Laurel Sayer, President and CEO of Perpetua
Resources. "This is an important milestone for Perpetua Resources
after listing on the Nasdaq earlier this year increasing our
exposure to a broader investment community as we progress our
vision to be the only mined source of the critical mineral antimony
in the U.S. and restore an abandoned brownfield site through the
redevelopment of our low-cost gold project."
Membership in the Russell 2000® Index means automatic
inclusion in the broader Russell 3000® Index as well as
in the appropriate growth and value style indexes. The Russell
3000® Index encompasses the 3,000 largest U.S.-traded
stocks by objective, market-capitalization rankings, and style
attributes. Membership in these indexes is updated annually and
remains in place for one year.
The Russell U.S. Indexes are widely used by investment managers
and institutional investors for index funds and as benchmarks for
active investment strategies. Approximately US$10.6 trillion in assets are benchmarked
against Russell U.S. Indexes. Russell U.S. Indexes are part of FTSE
Russell, a leading global index provider.
About Perpetua Resources and the Stibnite Gold
Project
Perpetua Resources, 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. Antimony is a federally designated critical mineral
for its use in the national defense, aerospace and technology
sectors. 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 the
expected inclusion in the Russell 2000® Index and the benefits of
such inclusion. 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 "expected", "opportunity"
and "potential", in relation to certain actions, events or results
"could", "may", "will", "would", be achieved. In preparing the
Forward-Looking Information in this news release, Perpetua
Resources has applied several material assumptions, including, but
not limited to, assumptions that its corporate activities will
proceed as expected; and that general business and economic
conditions will not change in a materially adverse manner.
Forward-Looking Information involves 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, among others, changes in laws and
regulations and changes in the application of standards pursuant to
existing laws and regulations; risks related to dependence on key
personnel; risks related to opposition to the Project; and the
factors discussed in Perpetua Resources' public 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. 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.