{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-000827","form_type":"8-K","ticker":"PZG","cik":"0001629210","company_name":"Paramount Gold Nevada Corp.","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.866163+00:00","generated_at":"2026-06-07T04:42:46.666704+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Paramount Gold secures $15M debenture from Sprott, convertible into 4.75% royalty","bullets":["$15M debenture from Sprott at 10% interest; interest payable in cash or stock at 7% discount.","Proceeds used for Grassy Mountain permitting, general corporate, and repaying existing debt including Seabridge bridge note.","Debenture convertible into 4.75% gross revenue royalty on Grassy Mountain gold/silver production.","Paramount can buy back 50% of royalty for $11.25M (2nd year) or $12.375M (3rd year).","Sprott granted ROFR on future mineral interest sales >$60M at Grassy Mountain."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-000827","json":"https://secwatch.observer/filing/0001193125-24-000827.json","markdown":"https://secwatch.observer/filing/0001193125-24-000827.md","text":"https://secwatch.observer/filing/0001193125-24-000827.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1629210/000119312524000827/0001193125-24-000827-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1629210/000119312524000827/d692619d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:42:46.666704+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":"5f63c5db4ff7485608215f2dafb6a1615f4f639c","claim":"Paramount Gold Nevada Corp. entered into Mining ROFR Option to Purchase Agreement with Sprott Private Resource Streaming and Royalty (US Collector), LP (effective 2023-12-27).","evidence_excerpt":"(“Calico”), entered into a Secured Royalty Convertible Debenture (the “Debenture”) in favor of Sprott Private Resource Streaming and Royalty (US Collector), LP, as agent for itself and certain affiliates (collectively, “Sprott”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1629210/000119312524000827/0001193125-24-000827-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Sprott Private Resource Streaming and Royalty (US Collector), LP"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"},{"claim_id":"68fd07fa748c65d99241aa75ce1450212bd499d3","claim":"Paramount Gold Nevada Corp. entered into Secured Royalty Convertible Debenture with Sprott Private Resource Streaming and Royalty (US Collector), LP, as agent for itself and certain affiliates valued at $15,000,0000 (effective 2023-12-27).","evidence_excerpt":"Paramount Gold Nevada Corp. (“Paramount”, “we”, or the “Company”) and its wholly owned subsidiary Calico Resources USA Corp. (“Calico”), entered into a Secured Royalty Convertible Debenture (the “Debenture”) in favor of Sprott Private Resource Streaming and Royalty (US Collector), LP, as agent for itself and certain affiliates (collectively, “Sprott”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1629210/000119312524000827/0001193125-24-000827-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Sprott Private Resource Streaming and Royalty (US Collector), LP, as agent for itself and certain affiliates"},{"label":"Value","value":"$15,000,0000"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}