Apr. 1 at 11:02 AM
$PPTA
Perpetua Resources (NASDAQ: PPTA) announced on March 31, 2026, that the U.S. Export-Import (EXIM) Bank has advanced a proposed
$2.7 billion loan for the Stibnite Gold Project to a 25-day congressional notice period.
Final Approval Timeline: The 25-day notice period to Congress is the final formal step before the U.S. EXIM board votes on the final approval of the loan.
When the Vote Occurs: The EXIM board is expected to vote shortly after this 25-day notice period concludes, which places the vote in late April 2026.
Project Funding: If approved, the funding for the project is anticipated to be finalized in the second half of 2026.