Paramount Gold Nevada Corp.

Listed Company

PZGCIK 0001629210NYSENon-AcceleratedSmaller ReportingMetal MiningNevadaFY ends Jun 30

Period

FY 2025

Revenue

—

Net Income

$-9.05M

Total Assets

$52.40M

Equity

$33.57M

Shares Out

83.81M

Op. Cash Flow

$-6.27M

Business

Paramount Gold Nevada Corp. is engaged in acquiring, exploring and developing precious metals projects in the United States. The company conducts exploration and development activities for gold and other precious metals, manages technical studies and permitting, undertakes reclamation, and pursues project monetization through sales, joint ventures or standalone mining operations. Its principal assets include the Sleeper Gold Project in Nevada and the Grassy Mountain Project in Oregon, and it operates through subsidiaries that manage its mining interests. Paramount conducts activities principally in Nevada and Oregon and works with federal, state and local regulators and industry partners.

Summary from filing dated 2025-09-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Exploration and development	3	2	2	—	—
Reclamation	200,950	3	172,153	—	—
Land holding costs	743,119	647,497	632,484	640,349	540,401
Professional fees	446,723	337,628	377,822	130,765	174,039
Salaries and benefits	2	2	1	1	1
Directors' compensation	320,848	199,590	143,192	113,717	158,694
General and administrative	774,615	696,210	774,817	790,668	483,608
Accretion	225,413	442,234	446,245	183,693	60,040
Total Expenses	7	8	6	7	6
Net Loss Before Other Expense	7	8	6	7	6
Other income	−6,217	−3	−184,059	−330,971	−330,259
Change in derivative liability on royalty convertible debenture	435,824	881,727	—	—	—
Interest expense	2	1	—	—	—
Interest income	−44,642	0	—	—	—
Net Loss before Income Taxes	9	8	6	8	6
Deferred tax expense	19,249	33,407	−37,584	277,627	—
Net Loss	9	8	6	8	6
Basic (per share)	0.13	0.13	0.13	0.19	0.17
Diluted (per share)	0.13	0.13	0.13	0.19	0.17
Basic (shares)	68	60	49	42	36
Diluted (shares)	68	60	49	42	36

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-12-31	FY 2023 2023-06-30	FY 2022 2022-06-30
Cash and cash equivalents	1	5	—	824,920	2
Prepaid expenses and deposits	1	1	—	1	1
Total Current Assets	3	7	—	2	4
Mineral properties	49	49	—	51	52
Reclamation bonds	546,176	546,176	—	546,176	498,276
Property and equipment	12,028	3,221	—	4,579	6,513
Total Non-Current Assets	50	50	—	52	52
Total Assets	52	56	—	54	56
Accounts payable and accrued liabilities	539,971	563,806	—	937,219	638,256
Reclamation and environmental obligation, current portion	120,000	120,000	—	3	120,000
Total Current Liabilities	659,971	683,806	—	9	758,256
Debt liability of royalty convertible debenture, net	12	11	11	—	—
Derivative liability of royalty convertible debenture	4	4	3	—	—
Deferred tax liability	292,699	273,450	—	240,043	277,627
Reclamation and environmental obligation, non-current portion	2	2	—	2	4
Total Non-Current Liabilities	18	18	—	2	9
Total Liabilities	19	18	—	11	10
Commitments and Contingencies (Note 13)	—	—	—	—	—
Common stock, par value $0.01, 200,000,000 authorized shares, 75,420,743 issued and outstanding at June 30, 2025 and 200,000,000 authorized shares, 65,044,305 issued and outstanding at June 30, 2024	754,208	650,444	—	548,124	465,912
Additional paid in capital	124	120	—	117	114
Accumulated deficit	−91	−82	—	−74	−68
Total Stockholders' Equity	34	38	—	43	46
Total Liabilities and Stockholders' Equity	52	56	—	54	56

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Net Loss	−9	−8	−6	−8	−6
Depreciation	2,675	1,358	1,934	2,169	—
Stock based compensation	589,730	331,095	349,992	440,327	436,777
Amortization of debt issuance costs	174,022	91,874	51,018	60,308	62,903
Non-cash interest expense	2	964,069	240,702	—	—
Settlement of asset retirement obligations	−120,000	−120,000	−120,001	−33,236	—
Change in prepaid expenses	−36,606	152,543	−191,391	−153,499	−709,800
Change in accounts payable	−23,835	−131,209	458,484	−1,922	−246,467
Cash used in operating activities	−6	−5	−5	−7	−6
Purchase of mineral properties	−150,000	−100,000	−80,000	−45,000	−87,500
Purchase of equipment	−11,483	0	—	−2,723	—
Cash used in investing activities	−161,483	−100,000	−126,700	−47,723	−87,500
Capital issued for financing, net of share issuance costs	2	2	2	6	4
Proceeds from royalty convertible debenture	—	15	—	—	—
Royalty convertible debenture issuance costs	—	−870,111	—	—	—
Repayment of 2019 convertible notes	—	−4	—	—	—
Repayment of notes payable, related parties	—	−2	—	—	—
Cash provided by financing activities	2	10	4	6	4
Change in cash during period	−4	5	−2	−628,908	−2

Filings

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