PZG

BLM Issues Notice of Intent for Paramount Gold’s Proposed High-Grade Grassy Mountain Gold and Silver Mine

Retrieved on: 
Tuesday, March 19, 2024
Plan, Environmental issues, BLM, NEPA, Bureau, PZG, NOI, EIS, Poo, Record, Cryptocurrency

Paramount’s President & COO, Glen van Treek, stated, “The filing of the NOI in the federal registry marks a major milestone, providing a definitive path forward towards the construction and operation of the Grassy Mountain mine.

Key Points: 
  • Paramount’s President & COO, Glen van Treek, stated, “The filing of the NOI in the federal registry marks a major milestone, providing a definitive path forward towards the construction and operation of the Grassy Mountain mine.
  • The development of Grassy Mountain offers significant potential to provide much-needed employment opportunities and economic growth to Malheur County,” van Treek added.
  • The filing of the NOI follows the completeness determination by the BLM of the Plan of Operation (“PoO”) for Grassy Mountain as announced on November 29, 2022 .
  • The comprehensive PoO was developed to align with the requirements of the EIS.

Paramount Gold Nevada Closes $15 Million Financing With Sprott Streaming

Retrieved on: 
Thursday, December 28, 2023
Paramount, Grassy, Royalty, Gold, PZG, VWAP, Notice, Silver, RCN

WINNEMUCCA, Nev., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has closed the previously announced $15 million financing with Sprott Resource and Streaming Royalty Corp. (“Sprott Streaming”), through the issuance of a non-dilutive Secured Royalty Convertible Note (“RCN”).

Key Points: 
  • WINNEMUCCA, Nev., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has closed the previously announced $15 million financing with Sprott Resource and Streaming Royalty Corp. (“Sprott Streaming”), through the issuance of a non-dilutive Secured Royalty Convertible Note (“RCN”).
  • The proceeds of the financing will be used to fund the continued permitting of the proposed Grassy Mountain Gold Mine in eastern Oregon, for general corporate purposes and for the repayment of the company’s outstanding debt.
  • If a Royalty is issued, 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.
  • Caroline Donally, Managing Partner, Sprott Streaming, commented, “We are delighted to partner with Paramount as it progresses the high grade, feasibility study stage Grassy Mountain Gold Mine through the permitting process in Oregon.”

Paramount Gold Announces The Voting Results Of Its 2023 Annual General Meeting

Retrieved on: 
Wednesday, December 13, 2023
PZG, Annual general meeting, Holding company

WINNEMUCCA, Nev., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (“Paramount” or the “Company”) (NYSE American: PZG) announces the results of the votes from its annual general meeting of the stockholders which was held on December 12, 2023.

Key Points: 
  • WINNEMUCCA, Nev., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (“Paramount” or the “Company”) (NYSE American: PZG) announces the results of the votes from its annual general meeting of the stockholders which was held on December 12, 2023.
  • There were 58,920,703 shares outstanding and entitled to vote at the meeting as of the record date of October 16, 2023, of which, 32,421,551 shares or 55.03% voted.
  • The stockholders elected the following eight individuals to Paramount’s Board of Directors for a one year term expiring at the 2024 Annual General Meeting: Rudi Fronk, Glen Van Treek, Rachel Goldman, Christopher Reynolds, John Carden, Eliseo Gonzalez-Urien, Pierre Pelletier and Samantha Espley.
  • Detailed voting results of the election of directors were as follows:

Paramount Gold Nevada to Present at Red Cloud's 2023 Fall Mining Showcase in Toronto

Retrieved on: 
Thursday, November 2, 2023
Cloud, PZG, Sheraton Centre Toronto Hotel, State, Oregon State University, NYSE, Paramount, Grassy Mountain

Winnemucca, Nevada--(Newsfile Corp. - November 2, 2023) - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount") announced today that its Chief Executive Officer, Rachel Goldman will be presenting at the Red Cloud Fall Mining Showcase on November 8th at 9:30 AM Eastern Time.

Key Points: 
  • Winnemucca, Nevada--(Newsfile Corp. - November 2, 2023) - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount") announced today that its Chief Executive Officer, Rachel Goldman will be presenting at the Red Cloud Fall Mining Showcase on November 8th at 9:30 AM Eastern Time.
  • We invite our stockholders and all interested parties to join us there to learn more about how the Company is building upon its recent permitting success at the high-grade Grassy Mountain gold project, which became the first project in the State to receive a positive completeness determination from the Oregon State regulators.
  • The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 7-8, 2023.
  • For more information and/or to register for the conference please visit: https://redcloudfs.com/fallminingshowcase2023/ .

Paramount’s Grassy Mountain Receives Notice to Proceed From Oregon State Regulators

Retrieved on: 
Monday, November 6, 2023
PZG, NYSE, Oregon Department of Geology and Mineral Industries, Architecture, EE, Biophysical environment, Paramount, Engineering, Notice, DOGAMI, Cryptocurrency, Geology

WINNEMUCCA, Nev., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Post the receipt of the positive completeness determination announced on October 5 th , Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) is pleased to announce that the Oregon Department of Geology and Mineral Industries (“DOGAMI”) has issued the Notice to Proceed (the “Notice” or “NTP”) required to move Grassy Mountain into the next phase of permitting.

Key Points: 
  • WINNEMUCCA, Nev., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Post the receipt of the positive completeness determination announced on October 5 th , Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) is pleased to announce that the Oregon Department of Geology and Mineral Industries (“DOGAMI”) has issued the Notice to Proceed (the “Notice” or “NTP”) required to move Grassy Mountain into the next phase of permitting.
  • Based on state regulations, it is expected that the DOGAMI will issue the final consolidated permit package within one year.
  • Paramount President, COO and Director, Glen Van Treek commented: “The Notice is a critical milestone in securing the permits to build and operate Grassy.
  • The EE will serve as an additional resource to the agencies for their permit writing process.

Paramount’s Grassy Mountain Becomes the First Mining Project in Oregon to Receive a Positive Completeness Determination From State Agencies

Retrieved on: 
Thursday, October 5, 2023
Chemical process, NYSE, Engineering, Acquisition, TRT, Oregon Department of Geology and Mineral Industries, Mineral industry of Peru, State, Notice, DOGAMI, 1983 Oregon State vs. Oregon football game, PZG, Architecture, Paramount, EE, CPA, Geology, Grassy Mountain, Grassy

State agencies are now expected to start permit writing for the high-grade Grassy Mountain gold and silver mine.

Key Points: 
  • State agencies are now expected to start permit writing for the high-grade Grassy Mountain gold and silver mine.
  • The decision was unanimously approved by the TRT at a public meeting on October 4, 2023.
  • The DOGAMI expects to issue final consolidated permits for the Grassy Mountain Mine one year from the issuance of the Notice in concurrence with State laws.
  • Our project will bring significant economic benefits to the communities of eastern Oregon.”

Paramount Gold Nevada Provides Details of Its Upcoming AGM

Retrieved on: 
Wednesday, September 27, 2023
Bank statement, PZG, AGM, Internet, Security (finance), NYSE, Annual general meeting

WINNEMUCCA, Nev., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) is pleased to announce that its Annual General Meeting (“AGM” or the “meeting”) of the stockholders will be held on December 12, 2023 at 11:00 AM eastern standard time.

Key Points: 
  • WINNEMUCCA, Nev., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) is pleased to announce that its Annual General Meeting (“AGM” or the “meeting”) of the stockholders will be held on December 12, 2023 at 11:00 AM eastern standard time.
  • The meeting will be held virtually over the Internet.
  • Proxy materials will be available on or about October 30th, the mail date, at www.edocumentview.com/PZG and on the Company’s website .
  • It does not represent any change or amendment to any of the Company’s filings for the fiscal year ended June 30, 2023.

Paramount Gold Provides Permitting Update For Its Proposed High Grade Underground Grassy Mountain Gold Mine

Retrieved on: 
Wednesday, June 28, 2023
Oregon State University, State, EE, PZG, Malheur County, Oregon, EIS, Environmental issues, United States Agency for International Development, BLM, Notice, Engineering, Environmental impact statement, CPA, NOI, NEPA, NYSE

These submissions address aspects of the CPA that the State deemed necessary to advance to the Notice to Proceed (the “Notice”) stage of the permitting process.

Key Points: 
  • These submissions address aspects of the CPA that the State deemed necessary to advance to the Notice to Proceed (the “Notice”) stage of the permitting process.
  • The Notice initiates the 225 days of draft permit writing by State Agencies and a final Environmental Evaluation (“EE”).
  • On the federal permit process, the local BLM office has reviewed the Notice of Intent (“NOI”), which is now being sent to BLM headquarters for briefing.
  • Once approved, the NOI will be filed in the federal registry initiating the NEPA process.

Paramount Gold Takes Another Stride Forward to Permitting Grassy Mountain

Retrieved on: 
Friday, March 24, 2023
State Historic Preservation Office, Oregon Department of Geology and Mineral Industries, Oregon Department of Justice, HDR, Inc., Bureau of Land Management, Bureau, EE, PZG, Oregon Water Resources Department, EIS, Environmental quality, BLM, Outline, Gold, DOGAMI, Mining, Oregon Department of Fish and Wildlife, NYSE, Oregon Department of Environmental Quality, Grassy Mountain

WINNEMUCCA, Nev., March 24, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that the Environmental Evaluation (“EE”) outline of the proposed Grassy Mountain Gold Mine has been approved by all Oregon State agencies involved in the permitting process as sufficient for the preparation of permits.

Key Points: 
  • WINNEMUCCA, Nev., March 24, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that the Environmental Evaluation (“EE”) outline of the proposed Grassy Mountain Gold Mine has been approved by all Oregon State agencies involved in the permitting process as sufficient for the preparation of permits.
  • Paramount’s President and COO Glen van Treek stated, “The Environmental Evaluation is a critical component in the permit writing process.
  • All state agencies and supporting agencies participating in the permitting of Grassy Mountain attended a recently held public meeting, hosted by the Technical Review Team (“TRT”), where all agencies present agreed upon the EE outline.
  • The supporting agencies included the Oregon Department of Justice (“DOJ”), the Bureau of Land Management (“BLM”), US Fish and Wild Life Service (“USFWS”).

Paramount Gold Nevada Announces Term Sheet for Financing of up to $15 Million With Sprott

Retrieved on: 
Wednesday, March 1, 2023
Bureau of Land Management, Royalty, State, Gold, Notice, Documentation, Silver, RCN, NYSE, Oregon State University, Grassy Mountain, PZG, Central Mine Planning and Design Institute, Bureau, VWAP, Paramount, Security (finance), Teahouse

WINNEMUCCA, Nev., March 01, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has executed a non-binding term sheet with Sprott Resource and Streaming Royalty Corp. (“Sprott Streaming”), for a Royalty Convertible Note (“RCN”) providing for minimum proceeds of $10 million and maximum proceeds of up to $15 million.

Key Points: 
  • WINNEMUCCA, Nev., March 01, 2023 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has executed a non-binding term sheet with Sprott Resource and Streaming Royalty Corp. (“Sprott Streaming”), for a Royalty Convertible Note (“RCN”) providing for minimum proceeds of $10 million and maximum proceeds of up to $15 million.
  • While substantial technical and legal due diligence has been completed by Sprott Streaming, there can be no assurance that the proposed financing will be completed.
  • Paramount CEO, Rachel Goldman commented, “We are delighted to welcome Sprott Streaming as an important partner in our continued efforts to advance Grassy Mountain through permitting and ultimately to a construction decision.
  • This funding provides us the visibility to continue on the path to permitting Oregon’s first modern day gold mine,” Goldman added.