Paramount Gold Nevada(PZG)
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Paramount Gold Nevada(PZG) - 2023 Q2 - Quarterly Report
2023-02-10 21:26
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]
Paramount Gold Nevada(PZG) - 2022 Q4 - Annual Report
2022-10-13 20:54
-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 ...
Paramount Gold Nevada(PZG) - 2022 Q3 - Quarterly Report
2022-05-10 20:33
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 ...
Paramount Gold Nevada(PZG) - 2022 Q2 - Quarterly Report
2022-02-04 21:15
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 ...
Paramount Gold Nevada(PZG) - 2022 Q1 - Quarterly Report
2021-11-09 21:16
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 ...
Paramount Gold Nevada(PZG) - 2021 Q4 - Annual Report
2021-09-17 21:31
UNITED 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, 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 jurisdiction o ...
Paramount Gold Nevada(PZG) - 2021 Q3 - Quarterly Report
2021-05-07 10:01
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, 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) If an emerging growth company, indicate ...
Paramount Gold Nevada(PZG) - 2021 Q2 - Quarterly Report
2021-02-05 11:01
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, 2020 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 Registrant's telephone number, including area code: (775) 625-3600 Indicate by check mark whether the registrant: (1) h ...
Paramount Gold Nevada (PZG) Investor Presentation - Slideshow
2019-04-11 17:42
April 2019 Corporate Presentation Forward Looking Statements This presentation only may include "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") pursuant to applicable United States and Canadian securities laws. Paramount's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Words su ...