President and COO Glen Van Treek to Retire

Core Viewpoint - Paramount Gold Nevada Corp. announces the immediate retirement of Mr. Glen Van Treek, President and COO, who has played a significant role in advancing the company's key projects, particularly the Grassy Mountain Gold Project in Oregon [1][2]. Company Overview - Paramount Gold Nevada Corp. is a U.S.-based precious metals exploration and development company focused on creating shareholder value through the exploration and development of its mineral properties [5]. - The company holds a 100% interest in three projects: Grassy Mountain, Sleeper, and Bald Peak [6]. Key Projects - The Grassy Mountain Gold Project spans approximately 8,200 acres in Oregon and contains a gold-silver deposit, with a positive Feasibility Study already released [6]. - The Sleeper Gold Project, located in Northern Nevada, includes the former producing Sleeper mine and consists of 2,474 unpatented mining claims covering about 44,917 acres [7]. - The Bald Peak Project in Nevada is drill-ready and consists of approximately 2,260 acres [7]. Leadership Transition - Mr. Van Treek will assist management during the transition period through a consulting agreement, while CEO Ms. Rachel Goldman will oversee permitting activities for the Grassy Mountain project [3]. - The company anticipates securing all major permits for the Grassy Mountain project throughout 2025, amidst efforts to streamline permitting processes in the U.S. [4].