{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-047586","form_type":"8-K","ticker":"PZG","cik":"0001629210","company_name":"Paramount Gold Nevada Corp.","filed_at":"2023-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.614211+00:00","generated_at":"2026-06-10T21:10:41.220912+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Paramount Gold extends convertible note maturity to Sep 2024; interest rate rises to 12% after Oct 1","bullets":["Amendment to Senior Secured Convertible Notes with Required Holders executed on September 12, 2023.","Maturity Date changed to earlier of September 30, 2024 or funding of Sprott streaming transaction.","Interest rate set at 7.5% per annum through September 30, 2023; 12.0% per annum thereafter.","No new borrowing; modifies existing convertible notes originally issued in September 2019."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-047586","json":"https://secwatch.observer/filing/0000950170-23-047586.json","markdown":"https://secwatch.observer/filing/0000950170-23-047586.md","text":"https://secwatch.observer/filing/0000950170-23-047586.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1629210/000095017023047586/0000950170-23-047586-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1629210/000095017023047586/pzg-20230912.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T21:10:41.220912+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b1b387b021028f4c2de1012f09cefc181007aa44","claim":"Paramount Gold Nevada Corp. amended convertible notes with certain Holders of the Convertible Notes constituting the Required Holders at (i) 7.5% per annum, to an including September 30, 2023, and (ii) 12.0% per annum maturing the earlier of (i) September 30, 2024 or (ii) the date of funding of the transaction contemplated by that certain non-binding term sheet by and between the Comp.","evidence_excerpt":"The Amendment modifies the definition of “Maturity Date” of the Convertible Notes to be the earlier of (i) September 30, 2024 or (ii) the date of funding of the transaction contemplated by that certain non-binding term sheet by and between the Company and Sprott Resource and Streaming Royalty Corp. The Amendment also modifies the definition of “Interest Rate” of the Convertible Notes to be (i) 7.5% per annum, to an including September 30, 2023, and (ii) 12.0% per annum, on and after October 1, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1629210/000095017023047586/0000950170-23-047586-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Counterparty","value":"certain Holders of the Convertible Notes constituting the Required Holders"},{"label":"Rate","value":"(i) 7.5% per annum, to an including September 30, 2023, and (ii) 12.0% per annum"},{"label":"Maturity","value":"the earlier of (i) September 30, 2024 or (ii) the date of funding of the transaction contemplated by that certain non-binding term sheet by and between the Comp"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"6d082212eefed989840450ca1e8edaff968bf03d","claim":"Paramount Gold Nevada Corp. amended Amendment No. 1 with certain Holders of the Convertible Notes constituting the Required Holders (effective 2023-09-12).","evidence_excerpt":"Effective as of September 12, Paramount Gold Nevada Corp. (“Paramount”, “we”, or the “Company”) entered into Amendment No. 1 (the “Amendment”) to its outstanding Senior Secured Convertible Notes (the ”Convertible Notes”), with certain Holders of the Convertible Notes constituting the Required Holders (as defined in the Notes) .","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1629210/000095017023047586/0000950170-23-047586-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain Holders of the Convertible Notes constituting the Required Holders"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}