secwatch.observer — SEC 8-K summary
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Issuer:     Paramount Gold Nevada Corp. (PZG)
CIK:        0001629210
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0000950170-23-049022
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1629210/000095017023049022/0000950170-23-049022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1629210/000095017023049022/pzg-20230915.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-049022

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