BOISE, Idaho, Feb. 23, 2021 /CNW/ - Perpetua Resources
Corp. (formerly Midas Gold Corp.) (NASDAQ: PPTA) (TSX:
PPTA) ("Perpetua Resources" or the "Company") announced today the
appointment of Endeavour Financial ("Endeavour") as its financial
advisor to assist in the evaluation of funding options to support
the development of the Company's world class Stibnite Gold Project
("Project"), following the release of its Feasibility Study in
December 2020.
Endeavour is a leading
independent advisor dealing exclusively with the natural resources
sector. It specializes in the junior to mid-tier market,
providing advice on financing projects from multiple funding
sources. The Endeavour team offers
more than 160 years of mining finance experience and specializes in
arranging multi-sourced funding structures for single asset
development companies.
"We are pleased to announce the appointment of Endeavour
Financial as our financial advisor for the arrangement of the
project financing for the Stibnite Gold Project," said Laurel Sayer, President and CEO of Perpetua
Resources. "Endeavour is a
well-regarded firm with a strong track record of success in the
mining industry. Our vision is to provide the U.S. with a source of
the critical mineral antimony, operate one of the highest-grade
open pit gold mines in the country and restore and redevelop an
abandoned brownfield site. This appointment is another
important milestone as we look to move forward from permitting into
development and restoration."
George Pyper, Managing Director
of Endeavour's advisory business,
commented: "Endeavour is delighted
to be able to work with the Perpetua Resources team to evaluate and
execute financing for the development of this world class
asset."
Website: www.perpetuaresources.com
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. 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.
About Endeavour Financial:
Endeavour Financial is a private independent merchant banking
company focused on providing expert and unbiased financial advisory
services to the global natural resources sector. Endeavour
Financial has a history of achieving success for clients based on
resource industry focus, innovative transaction skills and the
diverse professional backgrounds of its award-winning team.
Offering advice in project, corporate and debt capital markets;
equity-linked financings; mergers and acquisitions; and strategic
business development over more than three decades, Endeavour
Financial has established itself as a leading financial advisor in
the natural resources sector. More information on Endeavour
Financial and its services can be found at
www.endeavourfinancial.com.
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SOURCE Perpetua Resources Corp.