Investigation announced for Long-Term Investors in shares of Perpetua Resources Corp. (NASDAQ: PPTA)

An investigation was announced concerning possible breaches of fiduciary duties by certain directors and officers of Perpetua Resources Corp.

Investors who are current long term investors in Perpetua Resources Corp. (NASDAQ: PPTA) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: PPTA stocks follows a lawsuit filed against Perpetua Resources Corp. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: PPTA stocks, concerns whether certain Perpetua Resources Corp. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of Idaho the plaintiff alleges that
the defendants provided investors with material information concerning Perpetua's expected initial capital expenditure for the Stibnite Gold Project, that the defendants' statements included, among other things, minimization of the impact of inflation and other potential sources for increased capital expenditure costs for the project, and that the defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true cost of the Stibnite Gold Project; notably, the true impact of inflation and undisclosed decisions Defendants had made or were otherwise contemplating which had resulted in a drastic increase in projected initial capital expense.

Those who purchased shares of Perpetua Resources Corp. (NASDAQ: PPTA) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.