# EDGAR Filing Document

**Accession Number:** 0001035674
**File Stem:** 0001013594-25-000752
**Filing Date:** 2025-6
**Character Count:** 7852
**Document Hash:** 928fe11521432de56991ae5bc865a56d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001013594-25-000752.hdr.sgml**: 20250616

**ACCESSION NUMBER**: 0001013594-25-000752

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250616

**DATE AS OF CHANGE**: 20250616

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PERPETUA RESOURCES CORP.
- **CENTRAL INDEX KEY:** 0001526243
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92823
- **FILM NUMBER:** 251051493

**BUSINESS ADDRESS:**
- **STREET 1:** 405 S. 8TH STREET
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702
- **BUSINESS PHONE:** 208-901-3060

**MAIL ADDRESS:**
- **STREET 1:** 405 S. 8TH STREET
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MIDAS GOLD CORP.
- **DATE OF NAME CHANGE:** 20110720
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAULSON & CO. INC.
- **CENTRAL INDEX KEY:** 0001035674

**ORGANIZATION NAME:**
- **EIN:** 133796759
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 15 EXCHANGE PLACE
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
- **BUSINESS PHONE:** 212-956-2221

**MAIL ADDRESS:**
- **STREET 1:** 15 EXCHANGE PLACE
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAULSON & CO INC
- **DATE OF NAME CHANGE:** 19970313

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Perpetua Resources Corp.**

*(Name of Issuer)*

**Common Shares without par value**

*(Title of Class of Securities)*

**714266103**

*(CUSIP Number)*

**Christopher P. Davis, Esq.**<br>Kleinberg, Kaplan, Wolff & Cohen, P.C.<br>500 Fifth Avenue<br>New York NY 10110<br>(212) 986-6000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**06/10/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **714266103** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**PAULSON & CO. INC.** | Name of reporting person<br>**PAULSON & CO. INC.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**—** | Source of funds (See Instructions)<br>**—** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**32347299.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**32347299.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**32347299.00** | Aggregate amount beneficially owned by each reporting person<br>**32347299.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**31.2%** | Percent of class represented by amount in Row (11)<br>**31.2%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Items #8, 10, and 11: See Note 1 to Item 5.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Shares without par value

**(b) Name of Issuer:**
Perpetua Resources Corp.

**(c) Address of Issuer's Principal Executive Offices:**
405 S. 8TH STREET, BOISE, ID, 83702

**Item 4. Purpose of Transaction**

The disclosure set forth below in Item 6 is incorporated herein by reference.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The aggregate percentage of Shares reported owned by the Reporting Person is based upon approximately 103,741,199 Shares outstanding as of June 16, 2025, which is the sum of (a) 71,543,442 Shares outstanding as of May 2, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 9, 2025, (b) 24,622,000 Shares issued pursuant to the Issuer's Prospectus Supplement filed pursuant to Rule 424(b)(5) on June 13, 2025, and (c) the 7,575,757 Shares issued to Paulson pursuant to a private placement consummated on June 16, 2025. As of the date hereof, the Reporting Person may be deemed to have beneficially owned approximately 31.2% of the outstanding Common Shares.

**(b)**
Number of Shares as to which Paulson & Co. has:
		
(i) Sole power to vote or direct the vote: 0
		
(ii) Shared power to vote or direct the vote: 32,347,299 (see Note 1).
		
(iii) Sole power to dispose or direct the disposition: 0
	
(iv) Shared power to dispose or direct the disposition: 32,347,299 (see Note 1).

**(c)**
On June 16, 2025, certain Funds purchased 7,575,757 Shares at a price per share of $13.20. Except as disclosed in the foregoing sentence, the Reporting Person has not entered into any transactions in the Shares during the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Pursuant to the Investor Rights Agreement dated March 17, 2016, as amended and restated on March 17, 2020 (the "IRA"), between the Reporting Person, Idaho Gold Resources Company, LLC (a wholly-owned subsidiary of the Issuer) and the Issuer, the Reporting Person has the right to participate pro rata in any equity offering by the Issuer. On June 10, 2025, the Reporting Person and the Issuer entered into a subscription agreement (the "Subscription Agreement") pursuant to which the Reporting Person partially exercised its participation right with respect to the Issuer's concurrent public offering and agreed to purchase $100 million of Shares at a price per share equal to the price per share of the public offering, or $13.20 per share, contingent on the consummation of the public offering. The Subscription Agreement contains customary representations and warranties of the parties, and indemnification obligations of the Issuer. 

The foregoing description of the Subscription Agreement does not purport to be complete and is qualified in its entirety by reference to the Subscription Agreement, a copy of which is filed as Exhibit 10.1 to the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 16, 2025, which is incorporated herein by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** PAULSON & CO. INC.

**Signature:** /s/ Stuart L. Merzer

**Name/Title:** General Counsel & Chief Compliance Officer

**Date:** 06/16/2025