Perpetua Resources appoints Jon Cherry as CEO

Perpetua Resources’ President and CEO, Laurel Sayer, has notified the Board of Directors of her intent to step down as President and CEO and a member of the Board of Directors effective March 14, 2024 and to retire effective April 1, 2025 after seven years of leading the company through the permitting process. The Board of Directors has appointed Jon Cherry to succeed Laurel Sayer as President and CEO of Perpetua Resources and as a member of the Board of Directors effective March 14, 2024. The Board of Directors has also appointed Jessica Largent, the CFO of Perpetua Resources, as a member of the Board of Directors. Sayer will serve as Senior Advisor to the CEO through March 2025. Jon Cherry joins Perpetua Resources with over 33 years of mining industry experience. He most recently served as Chairman, President, and CEO of PolyMet Mining. Before Polymet, Cherry served as a senior leader for Resolution Copper JV Project owned by Rio Tinto and BHP, General Manager of Rio Tinto’s Eagle Mine and Senior Project Engineer at Rio Tinto Kennecott Utah Copper. In connection with the leadership transition, the Board of Directors appointed Cherry to fill the vacancy left by Sayer’s retirement, effective March 14, 2024. The Board of Directors also appointed Perpetua Resources’ CFO Jessica Largent as a Director, effective March 14, 2024. Largent was appointed CFO in April 2022 after joining the Perpetua team in February 2021 as Vice President, Finance and Investor Relations.