Paramount Gold Nevada Corp. announced today that it has closed its previously announced non-brokered registered direct offering in the US and a concurrent best efforts agency offering in Canada of 4,807,700 shares of its common stock at a price of US$1.04 per common stock. The gross proceeds of the Offerings totaled US$5 million. “The continued support of existing shareholders including Seabridge Gold and the addition of [...]
Paramount Gold Nevada Corp. announced today the pricing of its previously announced non-brokered registered direct offering and concurrent, best efforts offering in Canada of 4,807,700 shares of its common stock, at an offering price of US $1.04 per share of common stock. Proceeds from the Offerings, before deducting agents' commissions and other estimated offering expenses payable by Paramount, are expected to be [...]
Paramount Gold Nevada Corp. announced today that it has commenced a non-brokered registered direct offering of shares to certain US based and other eligible investors. Concurrent to the RD, the Company has engaged Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation as agents for a Canadian best efforts offering for minimum aggregate gross proceeds of US$3 million . Closing of the Offerings is anticipated to [...]
Paramount Gold Nevada Corp. reports that it has taken measures over the past several weeks in response to the impact of COVID-19 to ensure the health and safety of its employees and independent contractors. All such personnel are working from home and the Company has eliminated all business travel. The Company will closely monitor the evolution of the COVID-19 pandemic and continue to evaluate its business activities and [...]
Paramount Gold Nevada Corp. announced today it has submitted its Plan of Operation to the Federal Bureau of Land Management outlining the Company’s plans to build and operate the proposed Grassy Mountain underground gold mine located in Malheur County, eastern Oregon. The project’s processing facilities and tailing storage would be located on Federal Land. The BLM will review the Plan for completeness, which [...]
Paramount Gold Nevada Corp. announced today that Rachel Goldman, CDI.D, has joined the Company as Chief Executive Officer and a director. Paramount’s Chairman of the Board, Rudi Fronk, said, “The appointment of Ms. Goldman completes the formation of an Executive Leadership Team with the combined skills the Company needs to play a larger role in the US gold mining industry.” Mr. Fronk is also Chairman and [...]
Paramount Gold Nevada Corp. announced today that it has received the Permit to appropriate water from the Oregon Water Resources Department for its proposed Grassy Mountain Gold Mine and processing facilities in eastern Oregon. This is the first Oregon State Agency permit issued as part of the consolidated permitting process initiated by Paramount in 2019. This Permit describes the appropriation and use of 2 cubic feet [...]
Paramount Gold Nevada Corp. announces the results of the votes from its annual stockholder meeting which was held on December 11, 2019. There were 27,616,745 shares outstanding and entitled to vote at the meeting as of the record date of October 15, 2019, of which, 15,102,929 shares or 54.69% voted. The stockholders elected the following seven individuals to Paramount’s Board of Directors for a one year term [...]
Paramount Gold Nevada Corp. announced today that Calico Resources USA Inc., Paramount’s wholly owned subsidiary, has officially submitted its Consolidated Permit Application to the Oregon Department of Geology and Mineral Industries to enable the Company to build and operate its proposed, high grade underground gold mine located in Malheur County of eastern Oregon. Paramount President and CEO Glen Van Treek stated [...]
Paramount Gold Nevada Corp. announced today that the Company has earned an Excellence in Mine Reclamation Award from the State of Nevada’s Division of Minerals for the Company’s reclamation efforts at its wholly-owned Sleeper Mine. The Sleeper Gold Project is a former high-grade open pit gold producer located off a main highway approximately 25 miles northwest of the town of Winnemucca, Nevada. The famed [...]
Paramount Gold Nevada Corp. announced today that it has closed the previously announced private placement of secured convertible notes for gross proceeds of approximately US$5.34 Million. Subscribers include an investment fund affiliate of Sprott Inc., Seabridge Gold Inc. and Paramount director Rudi Fronk. The securities sold in this private placement have not been registered under the U.S. Securities Act of 1933, as [...]
Paramount Gold Nevada Corp. announced today that its President and Chief Executive Officer, Glen Van Treek will be presenting at the Explorer and Developer Forum on Wednesday September 18, 2019 at 11:00 AM Local Time in Centennial Hall ‘C’ of the Hyatt Regency Denver. The presentation will be made available on Paramount’s website at www.paramountnevada.com. The Explorer and Developer Forum is an [...]
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