Perpetua Resources Corp. (NASDAQ:PPTA) (TSX:PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced today the Board of the Export-Import Bank of the United States ("U.S. EXIM") unanimously agreed to notify Congress of a proposed $2.7 billion senior secured long-term loan for development of Perpetua's Stibnite Gold Project ("Stibnite" or "Project"). The proposed total comprises a direct loan of approximately $2.2 billion and the remainder for capitalized interest and fees. The proposed loan directly supports the goals and objectives of U.S. EXIM's Make More in America ("MMIA") program.

This decision triggers a 25-day notice period to Congress and is the last formal step before U.S. EXIM's Board will vote on final approval, which Perpetua anticipates shortly after the notice period ends. If the proposed loan is approved, the Company would have sufficient capital, together with the $714 million of cash on hand at year end, to finance the estimated capital cost of $2,576 million to build the Project per the updated Technical Report Summary ("TRS") as of December 31, 2025.