---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-049022"
form_type: "8-K"
ticker: "PZG"
cik: "0001629210"
company_name: "Paramount Gold Nevada Corp."
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:07:15.515244+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Paramount Gold amends bridge note with Seabridge; maturity Nov 30, 2023, rate 13%

## Summary
- Amendment to Bridge Promissory Note with Seabridge Gold Inc. effective Sept 15, 2023.
- Maturity date revised to earlier of Nov 30, 2023, Sprott funding, or accelerated payment.
- Interest rate increased to 12.0% through Sept 30, then 13.0% from Oct 1, 2023.
- Non-binding term sheet with Sprott Resource and Streaming Royalty Corp may trigger repayment.
- Note form originally filed Dec 9, 2022; terms incorporated by reference.

## SEC filing metadata
- accession: 0000950170-23-049022
- form_type: 8-K
- ticker: PZG
- cik: 0001629210
- company_name: Paramount Gold Nevada Corp.
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1629210/000095017023049022/0000950170-23-049022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1629210/000095017023049022/pzg-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-049022
- JSON: https://secwatch.observer/filing/0000950170-23-049022.json
- Plain text: https://secwatch.observer/filing/0000950170-23-049022.txt

## Key facts
- Material Agreements
  Paramount Gold Nevada Corp. amended Amendment No. 1 to Bridge Promissory Note with Seabridge Gold Inc. valued at Modified Maturity Date and Applicable Rate under Bridge Note (effective 2023-09-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Seabridge Gold Inc.
  - Value: Modified Maturity Date and Applicable Rate under Bridge Note
  - Effective: 2023-09-15
  source text: Effective as of September 15, 2023, Paramount Gold Nevada Corp. (“Paramount”, “we”, or the “Company”) entered into Amendment No. 1 (the “Amendment”) to its outstanding Bridge Promissory Note (the ”Bridge Note”), with Seabridge Gold Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1629210/000095017023049022/0000950170-23-049022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.