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NEWS RELEASE August 17 , 2026 Perpetua Resources 702 W Idaho Street , Ste 200 Boise , ID 83702 Perpetua Resources Announces Second Quarter 2026 Financial Results BOISE , ID - Perpetua Resources Corp. ( Nasdaq : PPTA / TSX : PPTA ) ( " Perpetua Resources " or " Perpetua " or the " Company " ) announced the filing of its unaudited condensed consolidated financial results for the period ended June 30 , 2026. For details , please see the Company's filings available on EDGAR and SEDAR + . Perpetua Resources ' vision is to provide the U.S. with a domestic source of the critical mineral antimony while developing one of the largest and highest - grade open pit gold mines in the Americas and restoring an abandoned brownfield site . The Company is currently advancing a comprehensive project financing plan along with detailed engineering , long - lead time procurement , early works and critical path construction activities and execution planning in anticipation of a final investment and construction decision in the second half of 2026 . " Significant milestones were achieved at Perpetua in Q2 2026 , " said Jon Cherry , President and CEO of Perpetua Resources . " The unanimous approval by the U.S. EXIM board of our $ 2.9 billion senior secured loan has laid the foundation for Stibnite's future construction , and combined with our $ 574.2 million cash position at quarter - end , positions us well as we advance toward a final investment and construction decision in the second half of the year . We continue to work through definitive documentation and anticipate closing this facility later this year . Other key developments included the commencement of Burntlog Route upgrades , continuing work on the worker housing and administrative facilities and other site locations , ongoing deliveries of worker housing facility units to site and the continuation of exploration activities . The benefits of exploration remain abundantly clear as our short winter drill program delivered promising results and demonstrated that significant opportunity remains for resource conversion at Stibnite . " Second Quarter 2026 and Recent Highlights • • • • Reported a net loss of $ 97.5 million for the second quarter of 2026 ( six months ended June 30 , 2026 : $ 146.2 million ) , compared to a net loss of $ 6.0 million ( six months : $ 14.2 million ) in the prior year period , primarily driven by higher exploration and pre - development spending ahead of a final investment and construction decision ; ended the quarter with $ 574.2 million in unrestricted cash and cash equivalents and $ 60.9 million in restricted cash equivalents . Zero lost time incidents or reportable environmental spills . On April 10 , 2026 , the Idaho Department of Environmental Quality issued its final modified Clean Water Act Section 401 Water Quality Certification for the Project . On May 21 , 2026 , the board of the Export - Import Bank of the United States ( " EXIM " ) unanimously approved a $ 2.9 billion senior secured long - term loan under the Make More in America Initiative to support the development of the Company's 100 % -owned Stibnite Gold Project .