Welcome to our dedicated page for Paramount Gold news (Ticker: PZG), a resource for investors and traders seeking the latest updates and insights on Paramount Gold stock.
Paramount Gold Nevada Corp. (PZG) is a U.S.-based precious metals exploration and development company with a portfolio of gold and silver projects, and its news flow centers on project milestones, permitting progress and corporate decisions. The company holds 100% interests in the Grassy Mountain Gold Project in Oregon and the Sleeper and Bald Peak projects in Nevada, and its updates often detail how these assets are advancing through technical studies and regulatory processes.
A significant portion of Paramount’s recent news has focused on the Grassy Mountain Gold Project. Releases describe state-level milestones under Oregon’s consolidated mining permitting framework, including approval of mining, processing and closure scenarios and the publication of a draft consolidated permit package. At the federal level, news items highlight the project’s inclusion in the FAST-41 program, the U.S. Bureau of Land Management’s Draft Environmental Impact Statement, and anticipated steps in the NEPA review process.
Investors following PZG news can also expect announcements related to local permitting decisions in Malheur County, such as extensions of the Conditional Use Permit and Sage Grouse Permit, as well as corporate updates on feasibility study work and evaluations of opportunities at the Sleeper Gold Project. Governance and capital markets developments, including Annual General Meeting results, amendments to stock incentive plans and controlled equity offering activity, are reported through both press releases and Form 8-K filings.
This news page aggregates these company-specific updates in one place, allowing readers to review Paramount Gold Nevada’s project developments, regulatory milestones and corporate actions as disclosed in its public communications.
Paramount Gold Nevada Corp. (NYSE American: PZG) has closed its non-brokered registered direct offering in the U.S. and a concurrent agency offering in Canada, totaling 4,807,700 shares at US$1.04 per share, raising US$5 million. The funds will strengthen Paramount's balance sheet and support critical milestones for the Grassy Mountain Gold Project, including permitting and a forthcoming feasibility study. CEO Rachel Goldman announced that drilling will commence at the Frost project pending permit approval.
Paramount Gold Nevada Corp. (NYSE American: PZG) has announced a non-brokered registered direct offering and concurrent best efforts offering in Canada, pricing 4,807,700 shares of common stock at $1.04 each. The expected proceeds are approximately $5 million, intended primarily to advance the Grassy Mountain Gold Project permitting in Oregon and for general corporate purposes. Closing is anticipated around June 30, 2020, subject to customary conditions. The offerings are made under established U.S. and Canadian securities regulations.
Paramount Gold Nevada Corp. (NYSE American: PZG) has initiated a non-brokered registered direct offering to select US and eligible investors, aiming for minimum gross proceeds of $3 million. Concurrently, a Canadian best efforts offering is led by Canaccord Genuity and Cantor Fitzgerald. The closing is expected around June 30, 2020, pending customary conditions. Proceeds will primarily support permitting for the Grassy Mountain gold project in Oregon and general corporate purposes, enhancing future growth potential.