Glen Van Treek
On April 30, 2025, Glen Van Treek provided notice of his retirement from the Company as President and Chief Operating Officer of Paramount Gold Nevada Corp. (the “Company”).
Highest-materiality recent filing
After-tax NPV (8%) of $402M (base case $3,600/oz gold) and $867M (upside $4,700/oz gold); IRR 45% and 66%, payback ~1.4 years.
Paramount Gold reports Grassy Mountain FS: after-tax NPV $375M, IRR 39% at $3,600/oz gold
After-tax NPV(5%) of $374.7M and IRR of 38.9% at base case $3,600/oz gold; payback 2.2 years.
All seven director nominees elected with 93-99% approval including Rudi Fronk, Rachel Goldman, John Carden, Christopher Reynolds, Eliseo Gonzalez-Urien, Pierre Pelletier, and Samantha Espley.
Paramount Gold Nevada upsizes ATM offering to $14.9M; $5.9M sold to date
Filed prospectus supplement for up to $14.9M in common stock via Cantor Fitzgerald & Co. and A.G.P./Alliance Global Partners.
Paramount Gold Nevada replaces Moss Adams with Baker Tilly as auditor after merger
Moss Adams merged into Baker Tilly effective June 3, 2025; Baker Tilly appointed as independent auditor.
Glen Van Treek retired as President, COO and Board member effective April 30, 2025.
Paramount Gold Nevada shareholders elect directors and ratify auditor at annual meeting
57% of outstanding shares voted (37.5M of 66.1M shares) at December 12, 2024 annual meeting.
Paramount Gold raises CEO, COO, CFO salaries; CEO change-of-control terms updated
CEO Rachel Goldman salary raised to $240,000 retroactive to Feb 1, 2024; change-of-control severance fixed at 24 months
Paramount Gold ups at-the-market equity offering to $7M from $3.1M
Increased at-the-market offering of common stock up to $7M aggregate sales price.
Paramount Gold Nevada files prospectus supplement for up to $3.1M common stock offering
New at-the-market offering of up to $3.1M in common stock under Sales Agreement with Cantor Fitzgerald and A.G.P./Alliance Global Partners dated March 8, 2024.
Paramount Gold secures $15M debenture from Sprott, convertible into 4.75% royalty
$15M debenture from Sprott at 10% interest; interest payable in cash or stock at 7% discount.
Paramount Gold shareholders elect 8 directors, approve stock plan amendment at annual meeting
Shareholders elected all 8 director nominees, each receiving >94% of votes cast.
Paramount Gold amends bridge note with Seabridge; maturity Nov 30, 2023, rate 13%
Amendment to Bridge Promissory Note with Seabridge Gold Inc. effective Sept 15, 2023.
Paramount Gold extends convertible note maturity to Sep 2024; interest rate rises to 12% after Oct 1
Amendment to Senior Secured Convertible Notes with Required Holders executed on September 12, 2023.
Paramount Gold reports 30% increase in total gold resources at Sleeper to 3.1M oz
Measured & indicated gold ounces rise to 1.9M (60% of total) from nil in prior TRS.
Paramount Gold updates Sleeper resource: total gold up ~30% to 3.1M oz; 60% now measured & indicated
Total gold resources increased to 3.1 million oz (up from 2.4M oz); M&I gold now 1.9M oz (vs nil previously).
Paramount Gold Nevada files prospectus supplement for up to $2.6M at-the-market equity offering
Filed prospectus supplement for sale of up to $2,600,000 in common stock via ATM agreement with Cantor Fitzgerald and Canaccord Genuity.
Paramount Gold raises CEO salary to $220k, President/COO to $210k
CEO Rachel Goldman's annual base salary increased to $220,000 effective April 3, 2023.
Paramount Gold Nevada stockholders elect seven directors and ratify Moss Adams as auditor
All seven director nominees elected; Rudi Fronk received 91.0% of votes cast, others above 93%.
Paramount Gold enters up to $1.5M bridge note with Seabridge, 12% interest, due Sept 2023
Bridge promissory note allows borrowings up to $1,500,000 in advances of at least $250,000.
Proven & probable reserves: 380K oz gold, 554K oz silver; measured & indicated: 755K oz gold, 3.01M oz silver.
Paramount Gold Nevada replaces auditor MNP with Moss Adams after MNP's resignation
MNP LLP resigned as independent auditor effective July 25, 2022; no disagreements or reportable events.
Paramount Gold appoints Samantha Espley to board; board size to 8
Samantha Espley, P.Eng., appointed as independent director effective July 1, 2022; board expanded from 7 to 8 members.
Paramount Gold Nevada files prospectus supplement for up to $3.7M common stock offering
New prospectus supplement dated March 25, 2022 for at-the-market offering of up to $3.7M shares under existing Sales Agreement.
Amendment increased authorized common shares from 50,000,000 to 200,000,000 effective January 28, 2021.
Shareholders approve amendments to 2016 Stock Incentive Plan at annual meeting
81% of votes cast approved amendments to the 2016 Stock Incentive and Equity Compensation Plan.
Paramount Gold files prospectus for up to $4.6M ATM offering; $4.97M sold since Nov 2020
Filed prospectus supplement on Nov 17, 2021 for sale of up to $4.6M of common stock under existing Controlled Equity Offering Sales Agreement.
On April 30, 2025, Glen Van Treek provided notice of his retirement from the Company as President and Chief Operating Officer of Paramount Gold Nevada Corp. (the “Company”).
On July 1, 2022, the Board of Directors (the "Board") of Paramount Gold Nevada Corp. (the "Company") increased the size of the Board from seven to eight members and appointed Samantha Espley as a director to the Board.
Max materiality 0.85 · Median 0.50 · Most common event other_material