Perpetua Resources Corp 8-K, filed Oct 26, 2026
Perpetua Resources Corp. (PPTA)
About this 8-K
Perpetua Resources Corp filed this 8-K on October 26, 2026.
Perpetua Resources Corp. extended warrants for 1,607,802 common shares by up to six months. Its subsidiary entered a U.S. Army tungsten initiative with up to approximately $85 million in cost and $45 million in cost-share through October 19, 2029. AI summary
Items reported
- Item 3.02: Unregistered sale of equity
- Item 8.01: Other events
UNITED
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 3.02 | Unregistered Sales of Equity Securities. |
On October 26, 2026, Perpetua Resources Corp. (the “Company”) amended its outstanding warrants exercisable for an aggregate of 1,607,802 common shares of the Company (“Common Shares”) at exercise prices of US$31.46 per share and US$38.93 per share (the “Warrants”). The Warrants were originally set to expire on October 28, 2026, December 1, 2026 and December 23, 2026, respectively. The amendment extends the expiry date of each of the Warrants by up to six months from the applicable existing expiry date (the “Amendment”). Except as described above, all other terms, conditions and rights of the Warrants remain in full force and effect, which were described in the Annual Report on Form 10-K filed by the Company on March 31, 2026. The Amendment was entered into with the holders in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), as a transaction by an issuer not involving a public offering.
| Item 8.01 | Other Events. |
On October 26, 2026, the Company announced that its subsidiary, Perpetua Resources Idaho, Inc. (“PRII”), entered into an Ordnance Technology Initiative Agreement (the “Tungsten OTIA”) through the U.S. Army’s Defense Ordnance Technology Consortium (“DOTC”) from the Portfolio Acquisition Executive Agile Sustainment & Ammunition (“PAE AS&A”) located at Picatinny Arsenal, New Jersey. The Tungsten OTIA is intended to fund a program to evaluate the technical and economic feasibility of producing tungsten concentrate at the historical Stibnite Mining District. The funding is intended to support drilling to define a potential tungsten mineral resource, collection of material for laboratory and bench-scale metallurgical testing and permitting and engineering of an exploration decline to access areas of known tungsten mineralization. Structured as a cost share program, the initiative provides for a total estimated cost and cost-share of up to approximately $85 million and $45 million, respectively, over a period of performance extending through October 19, 2029. PRII will design and implement the tungsten exploration project and will match the U.S. Army’s $40 million contribution in the joint investment. The initial 18-month phase is expected to cost approximately $18 million and be shared equally between PRII and the U.S. Army. The timing, scope and cost of subsequent phases are subject to ongoing development based on results of prior exploration, testing, engineering and permitting activities, as well as approval of each incremental phase of additional funding.. The Tungsten OTIA contains customary terms and conditions for OTIAs.
Cautionary Statement
Statements contained in this Current Report that are not historical facts are “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995 (“Forward-Looking Information”). Forward-Looking Information includes, but is not limited to, disclosure regarding the scope, timing, and outcomes of testing and development under the Tungsten OTIA; the amount and timing of any incremental funding obligations and reimbursement requests; the ability to successfully recover tungsten as a by-product; and the potential award of any follow-on production contract or transaction. Forward-Looking Information is based on certain material assumptions and involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by the Forward-Looking Information. For further information regarding these risks and uncertainties, see the Company’s filings with the SEC, which are available at www.sec.gov, and with the Canadian securities regulators, which are available at www.sedarplus.ca.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PERPETUA RESOURCES CORP. | ||
| Dated: October 26, 2026 | By: | /s/ Mark Murchison |
| Mark Murchison | ||
| Chief Financial Officer | ||