Financing and Capital Structure - Paramount closed a $15 million financing with Sprott through the issuance of a Debenture to fund the permitting of the Grassy Mountain Gold Mine and repay outstanding debt[84]. - The company issued 3,761,515 shares under its equity offering program for net proceeds of $1,140,652 during the six months ended December 31, 2023[102]. - The company expects to fund operations through equity and debt financing, with substantial doubt about its ability to continue as a going concern within twelve months after the financial statements are issued[108]. - The company has existing cash on hand and working capital, along with an ATM program with Cantor Fitzgerald & Co. and Canaccord Genuity LLC[110]. Financial Performance - For the three months ended December 31, 2023, the net loss was $1,574,559, an increase of 10% compared to a net loss of $1,432,485 in the same period of 2022[87]. - Exploration expenses for the three months ended December 31, 2023 were $1,773,930, representing an increase of 281% from $465,402 in the same period of 2022[89]. - For the six months ended December 31, 2023, exploration expenses totaled $3,033,720, an increase of 132% from $1,304,997 in the same period of 2022[91]. - Directors' compensation expenses for the three months ended December 31, 2023 increased by 25% to $28,951 from $23,233 in the same period of 2022[95]. - General and administration expenses decreased by 16% to $181,012 for the three months ended December 31, 2023, down from $214,365 in the same period of 2022[99]. - Cash used in operating activities amounted to $1,527,019, primarily for permitting and exploration activities, employee salaries, and general administration costs[109]. Exploration and Development - The company expects to incur losses for the foreseeable future as it continues with planned exploration and development programs[88]. - The company spent $1.1 million on the Grassy Mountain Project for state and federal permitting activities, and $1.0 million for E-Cell conversions at the Sleeper Gold Project[110]. - The company has not established any proven or probable reserves and continues to expense exploration costs as incurred[113]. Cash Flow and Expenditures - The company anticipates twelve-month cash expenditures of $4.2 million on corporate, land claim maintenance, and general expenses[107]. - Cash used in investing activities was $50,000 for the payment on the agreement to purchase the Bald Peak claims[109]. Accounting and Financial Reporting - The fair value of the company's asset retirement obligation is estimated using a discount factor that reflects the credit-adjusted risk-free rate of interest and inflation[114]. - The company accounts for convertible notes with conversion features in accordance with ASC 815, with fair value changes recognized in the Statement of Operations[115]. - There are currently no off-balance sheet arrangements that could materially affect the company's financial condition or results[116]. - Management considers critical accounting policies related to mineral property acquisition costs, exploration and development costs, and foreign currency translation[109].

Financial Performance - For the three months ended September 30, 2023, the net loss was $2,074,160, an increase of 11% compared to a net loss of $1,840,216 for the same period in 2022 [73]. - Exploration expenses for the three months ended September 30, 2023, were $1,259,793, representing a 50% increase of $420,199 from $839,594 in the prior year [74]. - General and administration expenses decreased by 16% to $133,632 for the three months ended September 30, 2023, down from $159,174 in the prior year [79]. - Directors' compensation expenses decreased by 18% to $29,033 for the three months ended September 30, 2023, compared to $35,341 in the previous year [77]. - Professional fees decreased by $78,076 to $55,252 for the three months ended September 30, 2023, from $133,328 in the prior year [78]. Cash and Capital - Cash and cash equivalents as of September 30, 2023, were $1,014,128, up from $824,920 as of June 30, 2023 [80]. - The company had negative working capital of approximately $7.7 million, primarily due to accounts payable and current obligations [80]. - The company issued 3,515,257 shares under its equity offering program for net proceeds of $1,088,528 during the three months ended September 30, 2023 [82]. - The company expects to incur approximately $6.0 million in capital to repay the 2019 convertible notes and the note payable to Seabridge due in September 2024 and November 2023, respectively [88]. Project and Exploration Activities - The company plans to allocate $2.3 million for permitting activities on the Grassy Mountain Project and $1.5 million for E-Cell conversions at the Sleeper Gold Project [89]. - The company has not established any proven or probable reserves and continues to expense exploration costs as incurred [94]. Asset Retirement Obligation - The fair value of the asset retirement obligation (ARO) is measured by discounting expected cash flows, considering the credit-adjusted risk-free rate and inflation [95]. Off-Balance Sheet Arrangements - The company is not involved in any off-balance sheet arrangements that could materially affect its financial condition or results of operations [96].

Financial Performance - The net loss for the year ended June 30, 2023, was $6,450,531, a decrease of approximately 18% from the net loss of $7,837,316 in the previous year[198]. - Exploration and development expenses for the year ended June 30, 2023, were $2,595,709, representing a decrease of 41% or $1,840,557 from $4,436,266 in the prior year[199]. - Directors' compensation increased by 26% or $29,475 from the prior year, reflecting higher stock-based compensation[203]. - Professional fees increased by 189% to $377,822 due to audit fees and one-time consulting and legal fees[204]. - The asset retirement obligation for the Sleeper Gold Project decreased to $4,436,902 from $4,475,270 in the prior year[206]. Cash and Financing - The company had cash and cash equivalents of $824,920 as of June 30, 2023, down from $2,484,156 at the same date in 2022[208]. - The company expects to incur approximately $6.0 million in capital to repay the 2019 convertible notes and the note payable to Seabridge due in September 2024 and November 2023, respectively[213]. - For the fiscal year ending June 30, 2024, the company anticipates cash expenditures of $4.1 million on corporate, land claim maintenance, and general expenses[214]. - The company plans to fund operations through equity and debt financing, with substantial doubt about its ability to continue as a going concern if additional financing is not secured[217]. Operations and Projects - The company completed various permitting activities for the Grassy Mountain Project, with the Federal Bureau of Land Management accepting the Plan of Operation as complete[198]. Asset Management - The fair value of the Company's asset retirement obligation (ARO) is measured by discounting expected cash flows using a credit-adjusted risk-free rate of interest[223]. - The Company does not currently engage in any off-balance sheet arrangements that could materially affect its financial condition or operations[225]. - The Company holds cash balances in both U.S. and Canadian dollars, with most transactions conducted in U.S. dollars[226]. - Strengthening of the U.S. dollar positively impacts expenses in Canadian dollars, while weakening may increase those expenses[227]. - The Company's investment policy focuses on capital preservation and liquidity, with interest earned on cash balances affected by U.S. interest rate fluctuations[228].

Financial Performance - The net loss for the three months ended March 31, 2023, was $1,647,760, an increase of 22% compared to a net loss of $1,347,036 for the same period in 2022[87]. - For the nine months ended March 31, 2023, the net loss was $4,920,461, a decrease of 17% from a net loss of $5,963,204 in the prior year[87]. - Cash used in operating activities for the nine months ended March 31, 2023, amounted to $3,287,339, primarily for permitting, exploration activities, and general administrative costs[104]. - The Company expects to continue incurring losses due to ongoing costs related to property maintenance and general administrative expenses[106]. - The Company has substantial doubt about its ability to continue as a going concern within twelve months after the issuance of its financial statements[108]. Exploration and Permitting Activities - Exploration expenses for the three months ended March 31, 2023, were $597,315, representing a 9% increase from $549,368 in the same period of 2022[89]. - For the nine months ended March 31, 2023, exploration expenses decreased by 49% to $1,902,312 from $3,714,035 in the prior year[91]. - The Oregon State Technical Review Team accepted the Cultural Resources final baseline data report, a key condition for the company's permit application[79]. - The Federal Bureau of Land Management accepted the Plan of Operation for the proposed underground Grassy Mountain gold mine, initiating the Environmental Impact Statement process[79]. - The company expects to continue with state and federal permitting activities for the Grassy Mountain Project, with a drafting permits process that must be completed within 225 days[82]. - Exploration expenses are recorded as incurred, with no proven or probable reserves established to date[112]. Financial Position and Capital Needs - As of March 31, 2023, the company had cash and cash equivalents of $590,505, down from $2,484,156 as of June 30, 2022[101]. - The company has negative working capital of approximately $8.0 million, primarily due to current convertible notes and reclamation obligations[101]. - The Company anticipates needing approximately $5.3 million in capital to repay convertible notes and the note payable to Seabridge due in September 2023[107]. - Projected twelve-month cash expenditures include $3.2 million for corporate and general expenses, $3.0 million for permitting activities at the Grassy Mountain Project, and $3.0 million for E-Cell conversions at the Sleeper Gold Project[107]. - The Company plans to fund operations through equity and debt financing, as well as the sale of royalties, but there is no assurance that additional financing will be available[108]. Share Issuance and Borrowing - The company issued 1,393,757 shares under its equity offering program for net proceeds of $473,688 during the nine months ended March 31, 2023[102]. - The Company borrowed a total of $1,500,000 from Seabridge, with $1,000,000 borrowed during the nine months ended March 31, 2023, and an additional $500,000 borrowed subsequently[103]. Stock Options and Financial Arrangements - The Company utilizes a Monte Carlo simulation to value stock options granted, which are generally granted with an exercise price equal to the market price at the date of grant[113]. - The Company is not currently involved in any off-balance sheet arrangements that could materially affect its financial condition[117].

Financial Performance - The net loss for the three months ended December 31, 2022, was $1,432,485, a decrease of 47% compared to a net loss of $2,702,425 for the same period in 2021[82] - For the six months ended December 31, 2022, the net loss was $3,272,701, down 29% from a net loss of $4,616,170 in the previous year[82] Exploration Expenses - Exploration expenses for the three months ended December 31, 2022, were $465,402, a decrease of 76% from $1,907,861 in the same period of 2021[84] - For the six months ended December 31, 2022, exploration expenses totaled $1,304,997, down 59% from $3,164,668 in the prior year[86] - Exploration expenses are recorded as incurred, with no proven or probable reserves established to date[108] Compensation and Professional Fees - Salary and benefits for the three-month period ended December 31, 2022, increased by 21% to $260,920 from $216,063 in the previous year[88] - Directors' compensation for the six months ended December 31, 2022, increased by 77% to $58,574 compared to $33,118 in the same period of 2021[91] - Professional fees for the three months ended December 31, 2022, were $135,295, an increase of $114,245 from $21,050 in the previous year[92] Cash and Financing - As of December 31, 2022, the company had cash and cash equivalents of $1,311,359, down from $2,484,156 as of June 30, 2022[96] - The company issued 455,099 shares under its equity offering program for net proceeds of $158,513 during the six months ended December 31, 2022[97] - The company borrowed $1,000,000 from Seabridge during the six months ended December 31, 2022, under a loan agreement with a principal amount of up to $1,500,000[98] - Cash used in operating activities for the six months ended December 31, 2022, was $2,301,310, primarily for permitting, exploration, salaries, and general administration costs[99] - The company anticipates requiring approximately $5.3 million in capital to repay convertible notes and a note payable due in September 2023[102] - Projected twelve-month cash expenditures include $3.2 million for corporate, land claim maintenance, and general expenses[102] - The company expects to fund operations with $3.0 million allocated to the Grassy Mountain Project and $0.25 million for the Sleeper Gold Project[103] - The company has historically relied on equity and debt financing, with no assurance of future financing availability[104] - The continuation of the company as a going concern is dependent on sufficient capital to maintain operations and repay debt due in September 2023[104] Management and Accounting Practices - Stock option grants are valued using a lattice approach and Monte Carlo simulation, with performance conditions for vesting[110] - The company is not currently involved in any off-balance sheet arrangements that could materially affect its financial condition[112] - Management evaluates estimates related to long-lived assets and asset retirement obligations, which may differ from actual results[111]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of ...

-8UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-36908 PARAMOUNT GOLD NEVADA CORP. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporation or o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-36908 PARAMOUNT GOLD NEVADA CORP. (Exact name of registrant as specified in its charter) Nevada 98-0138393 ( State or other juri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 OR Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-36908 PARAMOUNT GOLD NEVADA CORP. (Exact name of registrant as specified in its charter) Nevada 98-0138393 ( State or other ...