Paramount Gold SEC Filings

Paramount Gold Nevada Corp. reported that its Chief Financial Officer, Carlo Buffone, received multiple grants of restricted stock units on December 22, 2025. Each restricted stock unit is equivalent to one share of the company’s common stock and was granted at a price of $0 under the 2016 Stock Incentive and Equity Compensation Plan.

One group of 40,000 restricted stock units will vest when the company receives the final state and federal permits for the Grassy Mountain Project. Another 40,000 restricted stock units will vest if the company’s share price outperforms the average share price of 12 peer group companies over the 12‑month period ending December 31, 2026. A further 40,000 restricted stock units will vest three years from the grant date. As a result of these awards, Buffone’s beneficial ownership of derivative securities increased, with reported holdings of up to 267,500 restricted stock units held directly.

Paramount Gold Nevada Corp. reports that Chief Executive Officer and director Rachel Goldman exercised stock options in a transaction dated 12/17/2025. She exercised 50,000 stock options with a conversion price of $1.12 per share on a net share settlement basis at $1.16 per share, resulting in delivery of 1,724 shares of common stock.

Following the reported transactions, she directly beneficially owned 806,922 shares of common stock. One of the exercised option grants vested on the day the State of Oregon issued draft consolidated permits for the company’s Grassy Mountain Gold Project, linking part of her equity compensation to that project milestone.

Paramount Gold Nevada Corp. reported an insider equity transaction by its Chief Financial Officer, Carlo Buffone. On 12/17/2025, he exercised stock options with an exercise price of $1.12 per share and received common stock through a net share settlement at $1.16 per share. The filing shows three separate option exercises of 50,000 options each, with underlying shares of common stock and no cash paid for the derivative securities.

Following these transactions, Buffone beneficially owned up to 639,172 shares of Paramount Gold Nevada common stock directly. One of the stock option grants vested when the State of Oregon issued draft consolidated permits for the Grassy Mountain Gold Project, linking part of his compensation to a key project milestone.

Paramount Gold Nevada Corp. reported the results of its 2025 Annual Stockholders’ Meeting, held in virtual format. Stockholders representing 46,146,357 of 78,338,726 shares entitled to vote, or 58.91%, were present. All seven director nominees were elected, with approval percentages ranging from 93.56% to 98.97%.

Stockholders ratified the appointment of Baker Tilly USA, LLP as independent registered public accountants for the year ended June 30, 2026, with 96.57% approval. They also approved, on an advisory basis, the compensation of Named Executive Officers with 95.82% support. For the advisory vote on the frequency of future executive compensation votes, support was highest for a three-year frequency, which received 56.45% of votes cast versus 36.83% for one year. In addition, stockholders approved amendments to the Company’s 2016 Stock Incentive and Equity Compensation Plan, with 70.68% of votes cast in favor.

Paramount Gold Nevada Corp. reported insider equity activity by its Chief Executive Officer and director, Rachel Goldman. On 12/11/2025, she settled 50,000 and 88,750 restricted stock units (RSUs), receiving the same number of common shares as the awards vested.

The filing shows her directly beneficially owning 713,000 common shares after the first settlement and 801,750 after the second. Following these transactions, she continued to hold derivative awards, with 316,250 and 227,500 RSUs remaining outstanding.

The RSU awards were originally granted on February 15, 2022 and January 26, 2024 and vested when the State of Oregon issued draft consolidated permits for the Grassy Mountain Gold Project, triggering settlement into common stock.

Paramount Gold Nevada Corp. insider equity transactions show Chief Financial Officer Carlo Buffone settling previously granted restricted stock units into common shares. On December 11, 2025, he acquired 50,000 shares of common stock and an additional 61,250 shares, both reported as acquisitions following the exercise of derivative awards.

The transactions relate to restricted stock units that convert into one share of common stock each when vesting conditions are met. One 50,000-unit award was granted on February 15, 2022 and vested when the State of Oregon issued draft consolidated permits for the Grassy Mountain Gold Project, while the 61,250-unit award was granted on January 26, 2024 and vested on the same permitting milestone. Following these settlements, Buffone continues to hold derivative positions, including 208,750 and 147,500 restricted stock units.

Paramount Gold Nevada Corp. filed a prospectus supplement for the offer and sale of shares of its common stock with an aggregate offering price of up to $14,900,000 under a Controlled Equity Offering Sales Agreement. This supplement amends earlier prospectus supplements dated March 22, 2024 and May 16, 2024, which related to the offer and sale of up to $7,000,000 of common stock under the same agreement. As of the date of the new supplement, the Company has already sold $5.9 million of common stock through this at-the-market equity program.

Paramount Gold Nevada is registering the offer and sale of up to $14,900,000 of its common stock under an at-the-market program with Cantor Fitzgerald & Co. and A.G.P./Alliance Global Partners. This new amount may be sold from and after the date of this prospectus supplement, in addition to any shares sold under earlier supplements tied to the same shelf registration.

The company notes it is no longer subject to the prior Form S-3 General Instruction I.B.6 offering limits that previously restricted how much stock it could sell under this registration. As of this supplement, it has already sold $5.9 million of common stock under the earlier prospectus supplements. The common stock trades on the NYSE American under the symbol PZG, and the closing price was $1.22 per share on November 19, 2025.

Paramount Gold Nevada (PZG) reported Q1 FY2026 results with a net loss of $4,324,338 (loss per share $0.06), compared with a loss of $1,572,138 a year ago. Operating expenses were $1,524,522, and other non-cash losses were driven by changes in fair value for a royalty conversion derivative ($1,151,874) and a new warrant liability ($1,227,664).

Cash and cash equivalents were $4,165,894 at September 30, 2025, and working capital was approximately $1,256,051. The company raised $1,895,932 through its ATM program (2,146,561 shares) and received $2,000,000 from issuing 2,941,176 prefunded warrants (fair value liability $3,227,664). The Secured Royalty Convertible Debenture carried interest expense of $383,333 (paid in shares), plus $43,506 in amortization, and its embedded derivative was valued at $5,229,803.

Operationally, the BLM released the draft Environmental Impact Statement for Grassy Mountain, and county permits were extended for two years. The filing states substantial doubt about the company’s ability to continue as a going concern and notes expected continued losses until potential production at Grassy Mountain.