Measured & Indicated Resource Totals 3.42 Million oz. Gold, 30.8 Million oz. Silver Inferred Resource of Nearly 2.5 Million oz. Gold, 15 Million oz. Silver WINNEMUCCA, NEVADA--(Marketwired - May 5, 2015) - Paramount Gold Nevada Corp. (NYSE MKT:PZG) ("Paramount") announced today that an updated NI-43-101 compliant resource estimate has been filed on SEDAR for its 100%-owned Sleeper Gold Project in Nevada. The new [...]
Paramount Gold and Silver announced today that the proposals related to the merger agreement with Coeur Mining were approved by both Paramount and Coeur stockholders and that the transaction has closed. Immediately prior to the consummation of the merger, Paramount distributed pro rata to its stockholders 8,101,371 shares of Paramount's wholly-owned subsidiary, Paramount Gold Nevada. SpinCo is expected to begin "regular [...]
Paramount Gold and Silver announced today that its wholly-owned subsidiary Paramount Gold Nevada has received approval from NYSE Regulation, Inc. for listing of Paramount Gold Nevada on the NYSE MKT, subject to SpinCo being in compliance with all listing standards on the date it begins trading on the Exchange.
Paramount Gold and Silver announced today that the Securities and Exchange Commission has declared effective the Registration Statement on Form S-1 filed by the Company's subsidiary Paramount Gold Nevada in connection with the spin-off of Paramount Gold Nevada as a separate, publicly traded company. As previously announced, Company stockholders of record at the close of business on April 14, 2015 will be entitled to [...]
Paramount Gold and Silver announced today that the previously announced agreement and plan of merger with Coeur Mining is anticipated to become effective on April 17. The merger is subject to the approval of the stockholders of both Paramount and Coeur, as applicable, and other customary closing conditions as set forth in the merger agreement. Upon the closing of the merger, Paramount stockholders will receive Coeur [...]
Paramount Gold and Silver announced today that its board of directors has approved the record and distribution dates for the previously announced spin-off of its wholly-owned subsidiary Paramount Gold Nevada Corp. Subject to the conditions described below, Paramount stockholders of record at the close of business on April 14, 2015 will be entitled receive one share of common stock of SpinCo for every twenty shares of [...]
Paramount Gold and Silver announced today it will hold a special meeting of its stockholders in connection with the previously announced proposed transaction with Coeur Mining on April 17, 2015 at 10:00 a.m. Eastern Time, at The Westin Hotel, 321 North Fort Lauderdale Beach Boulevard, Ft. Lauderdale, Florida. At the special meeting, the Company's stockholders will meet to consider and vote on the acquisition of Paramount [...]
Paramount Gold and Silver and Coeur Mining have entered into an agreement and plan of merger, dated as of December 16, 2014 pursuant to which Coeur will acquire all of the issued and outstanding shares of common stock of Paramount and the San Miguel Project. As a condition to closing the Merger, the shares of Paramount's subsidiary holding its Nevada mining assets will be spun-off to holders of the Company's common stock [...]