Holder reports 6.72M shares in Paramount Gold (NYSE: PZG)

Rhea-AI Filing Summary

Paramount Gold Nevada Corp. Schedule 13G reports that 6,717,112 shares of common stock are beneficially owned, representing 8.47% of the class.

The filing states the holdings are based on as of Feb 10, 2026 outstanding share data and that the reporting person, Fangjian Yuan, holds limited, revocable trading authority over the shares and disclaims economic ownership except to the extent of voting and dispositive power.

Insights

Governance and Investor Relations Expert

Schedule 13G discloses a passive beneficial interest of 6,717,112 shares (8.47%).

The filing lists 6,717,112 shares as the amount beneficially owned and 8.47% as the percent of class, using an outstanding share base of 79,325,833 shares as of Feb 10, 2026. The reporting person certifies the holdings are not for the purpose of changing control.

The filing also states the reporting person has a limited, revocable power of attorney to trade securities held by an entity beneficially owned by a family member and disclaims economic ownership; cash‑flow treatment and any planned transactions are not described in the excerpt.

Securities Compliance Specialist

Form signals passive reporting treatment and a disclaimer of beneficial ownership.

The document repeatedly qualifies the reporting person’s authority as "limited" and "revocable" and includes a standard certification that the securities were not acquired to influence control. The filing therefore appears consistent with a Schedule 13G passive disclosure rather than an active Schedule 13D change‑of‑control filing.

Because the report attributes shared voting and dispositive power to the reporting person, subsequent filings could be required if the status or intent changes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Paramount Gold Nevada Corp.

(Name of Issuer)

Common Stock, par value US$ 0.01 per share

(Title of Class of Securities)

69924M109

(CUSIP Number)

02/03/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 69924M109

1

Names of Reporting Persons

Yuan Fangjian

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,717,111.79
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,717,111.79

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,717,111.79

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.5 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The reporting person holds a limited, revocable power of attorney to trade securities in an account beneficially owned by a family member. The reporting person disclaims beneficial ownership except to the extent of voting and dispositive power, if any The Reporting Person has been granted limited and revocable trading authority with respect to the securities held by an entity beneficially owned by a family member. The Reporting Person does not have any economic interest in the Entity and receives no compensation in connection with such authority. The Reporting Person may be deemed to share dispositive power over the securities held by the Entity solely for purposes of Section 13(d) of the Securities Exchange Act of 1934 and disclaims beneficial ownership except to the extent of such dispositive power, if any. There is no agreement among the Reporting Person and any other person to act together with respect to the acquisition, disposition, or voting of the securities of the Issuer.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Paramount Gold Nevada Corp.
(b)	Address of issuer's principal executive offices: 665 ANDERSON STREET, WINNEMUCCA, NEVADA, 89445
Item 2.
(a)	Name of person filing: Fangjian Yuan
(b)	Address or principal business office or, if none, residence: The Yard 157 Columbus Ave New York,NY,10023
(c)	Citizenship: China
(d)	Title of class of securities: Common Stock, par value US$ 0.01 per share
(e)	CUSIP No.: 69924M109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Amount beneficially owned: 6,717,112
(b)	Percent of class: Percent of class: 8.47% (based on 79,325,833 shares outstanding as updated Feb 10, 2026)
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: Amount beneficially owned: 6,717,112
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: Amount beneficially owned: 6,717,112
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Yuan Fangjian

Signature:	Fangjian Yuan
Name/Title:	Fangjian Yuan
Date:	02/18/2026

FAQ

What does Fangjian Yuan report owning in Paramount Gold (PZG)?

The filing shows 6,717,112 shares beneficially owned, equal to 8.47% of the class. This percentage uses a reported outstanding share count of 79,325,833 shares as of Feb 10, 2026.

Does the Schedule 13G indicate control intent for PZG?

No. The reporting person certifies the shares were not acquired to change or influence control. The filing is presented under passive Schedule 13G treatment rather than an active control filing.

What is the nature of Fangjian Yuan’s authority over the shares?

The filing states a limited, revocable power of attorney to trade securities in an account beneficially owned by a family member. The reporting person disclaims economic ownership and receives no compensation for that authority.

How is voting and dispositive power reported in the filing?

The report lists shared voting power and shared dispositive power of 6,717,112 shares, with 0 shares held in sole voting or sole dispositive power.

When were the share and outstanding figures dated?

The percent of class calculation references an outstanding share base of 79,325,833 shares as of Feb 10, 2026, and the Schedule 13G signature is dated 02/18/2026.