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Paramount Gold Nevada Corp - PZG STOCK NEWS

Welcome to our dedicated news page for Paramount Gold Nevada (Ticker: PZG), a resource for investors and traders seeking the latest updates and insights on Paramount Gold Nevada.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paramount Gold Nevada's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paramount Gold Nevada's position in the market.

Rhea-AI Summary
Paramount Gold Nevada Corp. (PZG) announces the Bureau of Land Management has initiated the Environmental Impact Statement process for the Grassy Mountain mine. The company aims to provide employment opportunities and economic growth to Malheur County through this project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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Rhea-AI Summary
Paramount Gold Nevada Corp. (PZG) has closed a $15 million financing with Sprott Resource and Streaming Royalty Corp. to fund the Grassy Mountain Gold Mine in Oregon and for general corporate purposes. The financing will be used to repay outstanding debt and carry an interest rate of 10% per annum. The RCN may be repaid in cash or through the issuance of the Royalty at the earlier of the commencement of commercial production or 5 years from the RCN closing date. Paramount has the option to buy back 50% of the Royalty by paying either $11.25 million on the 2nd anniversary of the RCN agreement or $12.375 million on the 3rd anniversary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
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none
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Rhea-AI Summary
Paramount Gold Nevada Corp. (PZG) announces the results of its annual general meeting, with 55.03% of outstanding shares voting. The stockholders elected eight individuals to the Board of Directors. Detailed voting results and ratification of the independent registered public accounting firm are provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.88%
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none
Rhea-AI Summary
Paramount Gold Nevada Corp. has received the Notice to Proceed from the Oregon Department of Geology and Mineral Industries (DOGAMI) to move Grassy Mountain into the next phase of permitting. The final consolidated permit package is expected to be issued within one year. The Environmental and Socioeconomic Evaluation (EE) by Stantec is currently underway and is expected to be released in early 2024. This milestone is a key condition precedent for a $15 million financing term sheet with Sprott Resource and Streaming Royalty Corp.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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Rhea-AI Summary
Paramount Gold Nevada Corp. (NYSE American: PZG) announced that its CEO, Rachel Goldman, will be presenting at the Red Cloud Fall Mining Showcase on November 8th at 9:30 AM Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
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conferences
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Rhea-AI Summary
Paramount Gold Nevada Corp. receives completeness determination for its Grassy Mountain Project permit application
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
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none
Rhea-AI Summary
Paramount Gold Nevada Corp. announces Annual General Meeting on December 12, 2023. Proxy materials available on October 30th. Filed annual audited financial statements with a going concern qualification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
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Rhea-AI Summary
Paramount Gold Nevada Corp. corrects resource estimate to 21 million ounces of silver, increasing total gold resources to 3.1 million ounces (+29.2%) and upgrading 60% of total gold resources to measured and indicated categories (+60%).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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none
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Rhea-AI Summary
Paramount Gold Nevada Corp. increases total gold resource ounces by nearly 30% and improves confidence level in resources. New resource estimate supports a robust Initial Assessment of project economics. Sleeper Project's value not reflected in current valuation. Total gold resources increased from 2.4 million ounces to 3.1 million ounces. 60% or 1.9 million ounces upgraded to measured and indicated categories. Completion of a TRS Initial Assessment recommended for further testing and drilling.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.63%
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none
Rhea-AI Summary
Mountain Valley MD Holdings Inc. appoints Lucie Letellier as CFO, bringing her extensive financial expertise to support the company's commercialization growth phase and international operations. Letellier's proven track record and leadership skills will be invaluable. The company has granted Letellier stock options to purchase 500,000 common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
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management
Paramount Gold Nevada Corp

NYSE:PZG

PZG Rankings

PZG Stock Data

24.32M
50.60M
22.36%
4.5%
0.09%
Gold
Basic Materials
Link
US
Winnemucca

About PZG

paramount gold nevada is a u.s. based precious metals exploration company. paramount has a high ratio of ounces of gold in mineral inventory to shares outstanding, providing its shareholders with exceptional leverage to the gold price. paramount holds a 100% working interest in the grassy mountain gold project which consists of approximately 9,300 acres located on private and blm land in malheur county, oregon. the grassy mountain project contains a gold-silver deposit (100% located on private land) for which a preliminary economic assessment (“pea”) has been prepared and key permitting milestones accomplished. additionally, paramount owns a 100% interest in the sleeper gold project located in northern nevada. the sleeper gold project, which includes the former producing sleeper mine, totals 2,322 unpatented mining claims (approximately 60 square miles or 15,500 hectares). paramount’s strategy is to create shareholder value through exploring and developing its mineral properties and to