Paramount Gold Nevada Completes a $5.34 Million Private Placement of Convertible Notes
Paramount Gold Nevada Corp. (PZG)
NASDAQ:AMEX Investor Relations:
paramountnevada.com
Company Research
Source: GlobeNewswire
WINNEMUCCA, Nev., Sept. 10, 2019 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount” or “the Company”) announced today that it has received binding commitments for a non-brokered private placement of secured convertible notes totaling $5,343,000. Subscribers include an investment fund affiliate of Sprott Inc., Seabridge Gold Inc. and Paramount director Rudi Fronk. Paramount Gold President and CEO, Glen Van Treek commented, “This financing enables us to complete and submit the Grassy Mountain permit applications to the Oregon Department of Geology and Mineral Industries and the federal Bureau of Land Management, continue to advance the project’s Feasibility Study and drill the highly prospective gold exploration targets surrounding Grassy Mountain including the priority Frost property. These targets are located in close proximity to the proposed Grassy mill site and have the potential to extend mine life.” Each convertible note has an issue price of $
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News
- BLM Issues Notice of Intent for Paramount Gold's Proposed High-Grade Grassy Mountain Gold and Silver Mine [Financial Post (Toronto, Ontario, Canada)]Financial Post
- BLM Issues Notice of Intent for Paramount Gold's Proposed High-Grade Grassy Mountain Gold and Silver Mine [Yahoo! Finance]Yahoo! Finance
- BLM Issues Notice of Intent for Paramount Gold’s Proposed High-Grade Grassy Mountain Gold and Silver MineGlobeNewswire
PZG
Sec Filings
- 3/25/24 - Form EFFECT
- 3/22/24 - Form 424B5
- 3/22/24 - Form 8-K
- PZG's page on the SEC website