40-F/A Filing

PERPETUA RESOURCES CORP. CIK: 1526243 FY 2020

Filing Information

Form Type	40-F/A
Accession Number	`0001104659-21-047525`
Period End Date	20201231
Filing Date	20210407
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	ppta-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 44 Cash Flow Statement 62 Stockholders Equity 21

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalents`	$29.89M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$25.04M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalents`	$17.50M	USD	Point-in-time
Receivables	`TradeAndOtherCurrentReceivables`	$107.73K	USD	Point-in-time
Receivables	`TradeAndOtherCurrentReceivables`	$123.58K	USD	Point-in-time
Prepaid expenses	`CurrentPrepaidExpenses`	$647.00K	USD	Point-in-time
Prepaid expenses	`CurrentPrepaidExpenses`	$782.42K	USD	Point-in-time
CURRENT ASSETS	`CurrentAssets`	$25.79M	USD	Point-in-time
CURRENT ASSETS	`CurrentAssets`	$18.41M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipment`	$247.10K	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipment`	$189.29K	USD	Point-in-time
Right-of-use assets	`RightofuseAssets`	$423.77K	USD	Point-in-time
Right-of-use assets	`RightofuseAssets`	$235.97K	USD	Point-in-time
Exploration and evaluation assets	`IntangibleExplorationAndEvaluationAssets`	$71.42M	USD	Point-in-time
Exploration and evaluation assets	`IntangibleExplorationAndEvaluationAssets`	$71.91M	USD	Point-in-time
Exploration and evaluation assets	`IntangibleExplorationAndEvaluationAssets`	$71.13M	USD	Point-in-time
NON-CURRENT ASSETS	`NoncurrentAssets`	$72.34M	USD	Point-in-time
NON-CURRENT ASSETS	`NoncurrentAssets`	$72.09M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$90.50M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$98.13M	USD	Point-in-time
Trade and other payables	`TradeAndOtherCurrentPayables`	$4.23M	USD	Point-in-time
Trade and other payables	`TradeAndOtherCurrentPayables`	$3.74M	USD	Point-in-time
Lease liabilities	`CurrentLeaseLiabilities`	$178.29K	USD	Point-in-time
Lease liabilities	`CurrentLeaseLiabilities`	$201.82K	USD	Point-in-time
CURRENT LIABILITIES	`CurrentLiabilities`	$4.41M	USD	Point-in-time
CURRENT LIABILITIES	`CurrentLiabilities`	$3.94M	USD	Point-in-time
Convertible notes	`NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued`	$9.56M	USD	Point-in-time
Convertible notes	`NoncurrentPortionOfNoncurrentNotesAndDebenturesIssued`	$27.34M	USD	Point-in-time
Convertible note derivative	`NoncurrentDerivativeFinancialLiabilities`	$26.06M	USD	Point-in-time
Convertible note derivative	`NoncurrentDerivativeFinancialLiabilities`	$25.48M	USD	Point-in-time
Warrant derivative	`NoncurrentFinancialLiabilities`	$874.86K	USD	Point-in-time
Warrant derivative	`NoncurrentFinancialLiabilities`	$274.72K	USD	Point-in-time
Non-current lease liabilities	`NoncurrentLeaseLiabilities`	$65.14K	USD	Point-in-time
Non-current lease liabilities	`NoncurrentLeaseLiabilities`	$265.56K	USD	Point-in-time
NON-CURRENT LIABILITIES	`NoncurrentLiabilities`	$36.56M	USD	Point-in-time
NON-CURRENT LIABILITIES	`NoncurrentLiabilities`	$53.35M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$40.50M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$57.76M	USD	Point-in-time
Share capital	`IssuedCapital`	$528.72M	USD	Point-in-time
Share capital	`IssuedCapital`	$283.49M	USD	Point-in-time
Equity reserve	`OtherReserves`	$25.88M	USD	Point-in-time
Equity reserve	`OtherReserves`	$26.18M	USD	Point-in-time
Deficit	`RetainedEarnings`	$-497.26M	USD	Point-in-time
Deficit	`RetainedEarnings`	$-276.63M	USD	Point-in-time
TOTAL EQUITY	`Equity`	$26.66M	USD	Point-in-time
TOTAL EQUITY	`Equity`	$32.74M	USD	Point-in-time
TOTAL EQUITY	`Equity`	$57.63M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`EquityAndLiabilities`	$90.50M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`EquityAndLiabilities`	$98.13M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Consulting	`ConsultingFeesExpense`	$76.15K	USD	Annual
Consulting	`ConsultingFeesExpense`	$199.63K	USD	Annual
Corporate salaries and benefits	`ShorttermEmployeeBenefitsExpense`	$779.80K	USD	Annual
Corporate salaries and benefits	`ShorttermEmployeeBenefitsExpense`	$1.18M	USD	Annual
Depreciation	`DepreciationAndAmortisationExpense`	$249.30K	USD	Annual
Depreciation	`DepreciationAndAmortisationExpense`	$284.41K	USD	Annual
Directors' fees	`DirectorsRemunerationExpense`	$131.22K	USD	Annual
Directors' fees	`DirectorsRemunerationExpense`	$154.69K	USD	Annual
Exploration and evaluation	`ExpenseArisingFromExplorationForAndEvaluationOfMineralResources`	$26.88M	USD	Annual
Exploration and evaluation	`ExpenseArisingFromExplorationForAndEvaluationOfMineralResources`	$25.26M	USD	Annual
Office and administrative	`GeneralAndAdministrativeExpense`	$180.03K	USD	Annual
Office and administrative	`GeneralAndAdministrativeExpense`	$141.74K	USD	Annual
Professional fees	`ProfessionalFeesExpense`	$813.46K	USD	Annual
Professional fees	`ProfessionalFeesExpense`	$363.24K	USD	Annual
Share based compensation	`ExpenseFromSharebasedPaymentTransactionsWithEmployees`	$1.94M	USD	Annual
Share based compensation	`ExpenseFromSharebasedPaymentTransactionsWithEmployees`	$1.59M	USD	Annual
Shareholder and regulatory	`ShareholderAndRegulatoryExpense`	$387.63K	USD	Annual
Shareholder and regulatory	`ShareholderAndRegulatoryExpense`	$348.85K	USD	Annual
Travel and related costs	`TravelExpense`	$32.80K	USD	Annual
Travel and related costs	`TravelExpense`	$215.92K	USD	Annual
OPERATING LOSS	`ProfitLossFromOperatingActivities`	$-29.96M	USD	Annual
OPERATING LOSS	`ProfitLossFromOperatingActivities`	$-31.24M	USD	Annual
Change in fair value of warrant derivative	`GainsLossesOnChangeInFairValueOfWarrantDerivatives`	$180.10K	USD	Annual
Change in fair value of warrant derivative	`GainsLossesOnChangeInFairValueOfWarrantDerivatives`	$-600.14K	USD	Annual
Change in fair value of convertible note derivative	`GainsLossesOnChangeInFairValueOfConvertibleDebtDerivatives`	$-179.13M	USD	Annual
Change in fair value of convertible note derivative	`GainsLossesOnChangeInFairValueOfConvertibleDebtDerivatives`	$24.79M	USD	Annual
Finance costs	`FinanceCosts`	$2.71M	USD	Annual
Finance costs	`FinanceCosts`	$3.39M	USD	Annual
Foreign exchange loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-2.88M	USD	Annual
Foreign exchange loss	`GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss`	$-7.84M	USD	Annual
Gain on sale of building and equipment	`GainsLossesOnDisposalsOfPropertyPlantAndEquipment`	$8.50K	USD	Annual
Gain on sale of building and equipment	`GainsLossesOnDisposalsOfPropertyPlantAndEquipment`	$18.50K	USD	Annual
Interest income	`RevenueFromInterest`	$277.82K	USD	Annual
Interest income	`RevenueFromInterest`	$548.04K	USD	Annual
Total other loss (income)	`OtherGainsLosses`	$-190.67M	USD	Annual
Total other loss (income)	`OtherGainsLosses`	$19.94M	USD	Annual
COMPREHENSIVE LOSS	`ComprehensiveIncome`	$-11.30M	USD	Annual
COMPREHENSIVE LOSS	`ComprehensiveIncome`	$-220.63M	USD	Annual
NET LOSS	`ProfitLoss`	$-11.30M	USD	Annual
NET LOSS	`ProfitLoss`	$-220.63M	USD	Annual
NET LOSS PER SHARE, BASIC AND DILUTED	`BasicAndDilutedEarningsLossPerShare`	$-6.45	USD	Annual
NET LOSS PER SHARE, BASIC AND DILUTED	`BasicAndDilutedEarningsLossPerShare`	$-0.44	USD	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED	`AdjustedWeightedAverageShares`	25.46M	shares	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED	`AdjustedWeightedAverageShares`	34.23M	shares	Annual

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-11.30M	USD	Annual
Net loss	`ProfitLoss`	$-220.63M	USD	Annual
Share based compensation	`AdjustmentsForSharebasedPayments`	$1.55M	USD	Annual
Share based compensation	`AdjustmentsForSharebasedPayments`	$2.00M	USD	Annual
Share based payments	`AdjustmentsForSharebasedPaymentsForAcquisition`	$877.50K	USD	Annual
Depreciation	`AdjustmentsForDepreciationExpense`	$249.30K	USD	Annual
Depreciation	`AdjustmentsForDepreciationExpense`	$284.41K	USD	Annual
Accretion and interest expense	`AdjustmentsForAccretionAndInterestExpense`	$2.71M	USD	Annual
Accretion and interest expense	`AdjustmentsForAccretionAndInterestExpense`	$3.16M	USD	Annual
Gain on disposal of buildings and equipment	`AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment`	$-18.50K	USD	Annual
Gain on disposal of buildings and equipment	`AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment`	$-8.50K	USD	Annual
Change in fair value of warrant derivative	`AdjustmentsForGainsLossesOnChangeInFairValueOfWarrantDerivatives`	$-180.10K	USD	Annual
Change in fair value of warrant derivative	`AdjustmentsForGainsLossesOnChangeInFairValueOfWarrantDerivatives`	$600.14K	USD	Annual
Change in fair value of convertible note derivative	`AdjustmentsForGainsLossesOnChangeInFairValueOfConvertibleNoteDerivatives`	$179.13M	USD	Annual
Change in fair value of convertible note derivative	`AdjustmentsForGainsLossesOnChangeInFairValueOfConvertibleNoteDerivatives`	$-24.79M	USD	Annual
Unrealized foreign exchange loss	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$2.99M	USD	Annual
Unrealized foreign exchange loss	`AdjustmentsForUnrealisedForeignExchangeLossesGains`	$7.92M	USD	Annual
Interest income	`AdjustmentsForInterestIncome`	$-277.82K	USD	Annual
Interest income	`AdjustmentsForInterestIncome`	$-548.04K	USD	Annual
Receivables	`AdjustmentsForDecreaseIncreaseInTradeAccountReceivable`	$18.38K	USD	Annual
Receivables	`AdjustmentsForDecreaseIncreaseInTradeAccountReceivable`	$149.93K	USD	Annual
Prepaid expenses	`AdjustmentsForDecreaseIncreaseInPrepaidExpenses`	$512.25K	USD	Annual
Prepaid expenses	`AdjustmentsForDecreaseIncreaseInPrepaidExpenses`	$-135.42K	USD	Annual
Trade and other payables	`AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables`	$-693.11K	USD	Annual
Trade and other payables	`AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables`	$1.31M	USD	Annual
Net cash used in operating activities	`CashFlowsFromUsedInOperatingActivities`	$-28.81M	USD	Annual
Net cash used in operating activities	`CashFlowsFromUsedInOperatingActivities`	$-27.06M	USD	Annual
Investment in exploration and evaluation assets	`PurchaseOfExplorationAndEvaluationAssets`	$290.49K	USD	Annual
Investment in exploration and evaluation assets	`PurchaseOfExplorationAndEvaluationAssets`	$490.50K	USD	Annual
Purchase of buildings and equipment	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	$38.80K	USD	Annual
Purchase of buildings and equipment	`PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	$20.46K	USD	Annual
Sale of buildings and equipment	`ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	$8.50K	USD	Annual
Sale of buildings and equipment	`ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities`	$18.50K	USD	Annual
Interest received	`InterestReceivedClassifiedAsInvestingActivities`	$275.28K	USD	Annual
Interest received	`InterestReceivedClassifiedAsInvestingActivities`	$538.59K	USD	Annual
Net cash (used in)/provided by investing activities	`CashFlowsFromUsedInInvestingActivities`	$-245.51K	USD	Annual
Net cash (used in)/provided by investing activities	`CashFlowsFromUsedInInvestingActivities`	$246.15K	USD	Annual
Proceeds from issuance of Convertible Notes	`ProceedsFromIssueOfBondsNotesAndDebentures`	$35.00M	USD	Annual
Payment of transaction costs on issuance of Convertible Notes	`PaymentsForDebtIssueCosts`	$237.17K	USD	Annual
Finance cost deducted as share issue cost	`ProceedsFromIssuingShares`	$224.21K	USD	Annual
Proceeds from issuance of common shares through financing	`ProceedsFromIssueOfOrdinaryShares`	$14.93M	USD	Annual
Payment of transaction costs on issuance of common shares through financing	`PaymentsForShareIssueCosts`	$844.83K	USD	Annual
Payment of transaction costs on issuance of common shares through financing	`PaymentsForShareIssueCosts`	$22.15K	USD	Annual
Proceeds from issuance of common shares through exercise of options	`ProceedsFromExerciseOfOptions`	$418.86K	USD	Annual
Proceeds from issuance of common shares through exercise of options	`ProceedsFromExerciseOfOptions`	$1.85M	USD	Annual
Interest paid on convertible notes	`InterestPaidClassifiedAsFinancingActivities`	$18.73K	USD	Annual
Interest paid on convertible notes	`InterestPaidClassifiedAsFinancingActivities`	$14.17K	USD	Point-in-time
Interest paid on convertible notes	`InterestPaidClassifiedAsFinancingActivities`	$32.52K	USD	Annual
Payment of lease liabilities	`PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities`	$81.80K	USD	Annual
Payment of lease liabilities	`PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities`	$211.23K	USD	Annual
Net cash provided by financing activities	`CashFlowsFromUsedInFinancingActivities`	$36.57M	USD	Annual
Net cash provided by financing activities	`CashFlowsFromUsedInFinancingActivities`	$14.40M	USD	Annual
Effect of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$29.14K	USD	Annual
Effect of foreign exchange on cash and cash equivalents	`EffectOfExchangeRateChangesOnCashAndCashEquivalents`	$11.58K	USD	Annual
Net increase (decrease) in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalents`	$-12.38M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`IncreaseDecreaseInCashAndCashEquivalents`	$7.53M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalents`	$25.04M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalents`	$29.89M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalents`	$17.50M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalents`	$25.04M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalents`	$29.89M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalents`	$17.50M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning	`Equity`	$26.66M	USD	Point-in-time
Balance at the beginning	`Equity`	$32.74M	USD	Point-in-time
Balance at the beginning	`Equity`	$57.63M	USD	Point-in-time
Share based compensation	`IncreaseDecreaseThroughSharebasedPaymentTransactions`	$1.55M	USD	Annual
Share based compensation	`IncreaseDecreaseThroughSharebasedPaymentTransactions`	$2.00M	USD	Annual
Shares issued upon conversion of Convertible Notes	`IncreaseDecreaseThroughConversionOfConvertibleInstruments`	$242.14M	USD	Annual
Public offering	`IssueOfEquity`	$14.93M	USD	Annual
Share issue cost	`IncreaseDecreaseThroughTransfersAndOtherChangesEquity`	$-22.15K	USD	Annual
Share issue cost	`IncreaseDecreaseThroughTransfersAndOtherChangesEquity`	$-844.83K	USD	Annual
Shares issued to Stibnite Foundation (or share based payments)	`IncreaseDecreaseThroughAcquisitionOfSubsidiary`	$877.50K	USD	Annual
Shares issued through Stock Appreciation Rights	`IncreaseDecreaseInIssuanceThroughStockAppreciationRights`	$46.77K	USD	Annual
Shares issued through Stock Appreciation Rights	`IncreaseDecreaseInIssuanceThroughStockAppreciationRights`	$-65.41K	USD	Annual
Exercise of options	`IncreaseDecreaseThroughExerciseOfOptions`	$1.81M	USD	Annual
Exercise of options	`IncreaseDecreaseThroughExerciseOfOptions`	$484.26K	USD	Annual
Comprehensive loss for the year	`ComprehensiveIncome`	$-11.30M	USD	Annual
Comprehensive loss for the year	`ComprehensiveIncome`	$-220.63M	USD	Annual
Net Loss for the year	`ProfitLoss`	$-11.30M	USD	Annual
Net Loss for the year	`ProfitLoss`	$-220.63M	USD	Annual
Balance at the end	`Equity`	$26.66M	USD	Point-in-time
Balance at the end	`Equity`	$32.74M	USD	Point-in-time
Balance at the end	`Equity`	$57.63M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.