mediation

Perpetua Resources and Nez Perce Tribe Reach Agreement in Principle under the Clean Water Act

Perpetua Resources and Nez Perce Tribe Reach Agreement in Principle under the Clean Water Act

Perpetua Resources Corp. (NASDAQ: PPTA) (TSX: PPTA) ("Perpetua Resources" or "the "Company") announced today that the Company and the Nez Perce Tribe ("Parties") have an agreement in principle which outlines the provisions for a settlement of the Nez Perce Tribe's Clean Water Act lawsuit. The Parties have made significant progress through mediation and are working toward a final Clean Water Act settlement agreement in the third quarter of 2023 based on the agreed framework. In a status report filed with the Federal Court on June 16, 2023, both Parties are requesting a further extension of the stay to September 29, 2023. The Nez Perce Tribe filed a Clean Water Act lawsuit in 2019 and both Parties entered a Court-ordered dispute resolution process with a mediator in February 2021.