secwatch.observer — SEC 8-K summary
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Issuer:     Paramount Gold Nevada Corp. (PZG)
CIK:        0001629210
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0000950170-23-047586
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paramount Gold extends convertible note maturity to Sep 2024; interest rate rises to 12% after Oct 1
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1629210/000095017023047586/0000950170-23-047586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1629210/000095017023047586/pzg-20230912.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-047586

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer