Past year: ▲ 9%(1.07 – 2.60 USD)
Each one in plain English, with the numbers worked through for a shareholder.
2 June 2026resource reserve update▲ GoodMajor
Paramount released an updated Grassy Mountain feasibility study showing an after-tax NPV of $374.7 million and 38.9% IRR at $3,600 gold, up 228% and 72% from the 2022 study. Recoverable gold rose 7% to 385,800 ounces and mine life extended to 9.3 years; state permitting approval was expected in the second half of 2026.
20 Nov 2025capital raising announcement● Neutral
Paramount increased its ATM facility to $14.9 million, having sold $5.9 million of stock under the program to date.
10 June 2025auditor change▼ Bad
Paramount's auditor Moss Adams merged into Baker Tilly US, which became its new auditor by succession; Moss Adams' prior audit reports for fiscal 2024 and 2023 had each included a going-concern qualification, an ongoing financial-health flag even as the Sprott financing eased near-term pressure.
16 May 2024capital raising announcement● Neutral
Paramount increased its ATM facility to $7.0 million, having sold about $720,000 of stock under the new program so far.
22 Mar 2024capital raising announcement● Neutral
Paramount set up a new $3.1 million ATM facility with Cantor Fitzgerald and A.G.P./Alliance Global Partners (replacing Canaccord as a co-agent), after fully selling out the prior $14.5 million ATM program.
3 Jan 2024capital raising announcement▲ GoodMajor
Paramount closed a much larger, cleaner financing: a $15 million Secured Royalty Convertible Debenture from Sprott, at 10% interest, secured against both Grassy Mountain and Sleeper. Proceeds funded Grassy Mountain permitting and paid off both the 2019 convertible notes and the Seabridge bridge loan - replacing two smaller, increasingly expensive distress-era facilities with one larger strategic financing. If converted, Sprott would hold a 4.75% gross revenue royalty on Grassy Mountain production.
20 Sept 2023debt financing▼ Bad
Paramount similarly amended its Seabridge Gold bridge loan, extending maturity to November 2023 (or earlier if the same Sprott financing deal closes) and raising the rate from 12% to 13% - the same financing-strain pattern as its convertible notes amendment days earlier.
12 Sept 2023debt financing▼ BadMajor
Paramount amended its 2019 convertible notes, extending maturity to the earlier of September 30, 2024 or funding of the deal in its non-binding term sheet with Sprott. The interest rate stays at 7.5% through September 30, 2023, then rises to 12% from October 1, 2023.
15 Aug 2023capital raising announcement● Neutral
Paramount adjusted its ATM facility to $2.6 million remaining capacity, having sold $13.3 million of stock cumulatively under the program since late 2020.
9 Dec 2022debt financing▼ BadMajor
Paramount took out a $1.5 million bridge loan from Seabridge Gold - a related party, since Seabridge is affiliated with Paramount's own board chairman Rudi Fronk and owns about 6.5% of Paramount's stock. The 12% loan matures in under a year, a sign the company needed financing outside of its normal equity channels.
26 July 2022auditor change● Neutral
Paramount's auditor MNP LLP resigned and the company engaged Moss Adams LLP as its new independent auditor for fiscal 2022, with no disagreements noted.
25 Mar 2022capital raising announcement● Neutral
Paramount renewed its ATM facility for $3.7 million, having fully sold out the prior $4.6 million version.
18 Nov 2021capital raising announcement● Neutral
Paramount renewed its ATM facility again for $4.6 million, having sold nearly $5 million of stock under the prior version over the past year.
20 Nov 2020capital raising announcement● Neutral
Paramount renewed its ATM facility for another $5 million, having sold $1.23 million of stock under the prior version since May 2020.
25 June 2020material agreement● Neutral
Paramount raised about $5 million through a combined U.S. registered direct offering and Canada-only best-efforts offering of stock.
20 May 2020material agreement● Neutral
Paramount set up an at-the-market (ATM) equity sales facility with Cantor Fitzgerald and Canaccord Genuity, allowing it to sell up to $8 million of stock gradually over time as needed.
13 Sept 2019capital raising announcement● NeutralMajor
Paramount raised $5.34 million through senior secured convertible notes (7.5% interest, convertible at $1.00/share, secured by all company assets) - its first use of secured debt rather than pure equity to fund the business.
27 June 2019capital raising announcement▲ GoodMajor
Paramount hired Ausenco to complete a NI 43-101 feasibility study for Grassy Mountain, with the study expected to finish in mid-2020. Ausenco will be paid entirely in 1,109,225 restricted shares, held in escrow until it delivers the final study.
16 Apr 2019material agreement▲ GoodMajor
Paramount sold Franco-Nevada a 2% net smelter return royalty on its Sleeper Gold property in northern Nevada for $2 million cash - non-dilutive funding, and confirmation that Sleeper (not just Grassy Mountain) is a real asset in Paramount's portfolio.
29 June 2018capital raising announcement● Neutral
Paramount raised another $3.0 million in a private placement of stock and warrants, continuing to fund Grassy Mountain development.
5 Oct 2017capital raising announcement▲ GoodMajor
Paramount priced a 3.2 million share public offering at $1.40 per share, led by Canaccord Genuity and Cantor Fitzgerald, plus a concurrent private placement of 1,775,000 shares to FCMI Parent Co. and Seabridge Gold. Gross proceeds were about $7.0 million, mainly for the Grassy Mountain pre-feasibility study and permitting.
9 Feb 2017capital raising announcement● Neutral
Paramount raised about $3.66 million in a private placement of stock and warrants to help fund development of its newly acquired Grassy Mountain project.
12 July 2016business combination▲ GoodMajor
Paramount completed its acquisition of Calico Resources, issuing about 7.2 million shares (worth roughly $15.2 million) - Calico, and its Grassy Mountain Gold Project in Oregon, is now a wholly-owned subsidiary.
18 Apr 2016business combination● NeutralMajor
Paramount filed a preliminary proxy statement asking shareholders to vote at a special meeting (June 2016, date not yet set) on issuing 7,171,209 shares to Calico Resources shareholders for the Calico acquisition announced in March. The board unanimously recommends a yes vote; NYSE MKT rules require a majority of votes cast. Calico holders representing about 37.8% of Calico shares (FCMI Parent Co. ~19.6%, Seabridge Gold ~13.5%, Calico directors and officers ~4.7%) have agreed to vote for the deal. The filing is preliminary, with the meeting date, record date and solicitor cost still blank.
17 Mar 2016business combination▲ GoodMajor
Paramount agreed to acquire Calico Resources, owner of the Grassy Mountain Gold Project in Oregon, in an all-stock deal at 0.07 Paramount shares per Calico share. Existing Paramount holders were projected to own about 54% (57% fully diluted) and Calico holders about 46% (43% fully diluted).
21 Apr 2015asset acquisition disposition▲ GoodMajor
Paramount Gold Nevada Corp. was spun off from Paramount Gold and Silver Corp. as an independent, NYSE MKT-listed company (ticker PZG), in connection with Coeur Mining's acquisition of the parent. Coeur contributed $8.25 million in equity funding and bought a 4.9% stake for $1.47 million cash; former parent shareholders received the remaining ~95.1% via a pro-rata stock dividend.
10 Apr 2015listing compliance notice▲ GoodMajor
the New York Stock Exchange certified Paramount Gold Nevada Corp.'s securities for listing, clearing them to begin trading.
