Paramount Gold Nevada Corp. (PZG): Business Model Canvas

Tauchen Sie ein in die strategische Welt von Paramount Gold Nevada Corp. (PZG), einem dynamischen Bergbauunternehmen, das durch innovative Exploration und strategische Ressourcenentwicklung geologisches Potenzial in Mehrwert für die Aktionäre umwandelt. Mit einem laserfokussierten Ansatz für den Gold- und Silberbergbau in Nevada und Mexiko nutzt PZG modernste Technologien, strategische Partnerschaften und ein robustes Geschäftsmodell, um die verborgenen Schätze unter der Erdoberfläche zu erschließen. Ihr umfassender Business Model Canvas enthüllt einen ausgeklügelten Plan für den Erfolg im Bergbau und verspricht Anlegern eine fesselnde Reise durch ressourcenreiche Landschaften und potenzielle Bodenschätze.

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Allianz mit Bergbauunternehmen und Ausrüstungslieferanten

Paramount Gold Nevada Corp. unterhält strategische Partnerschaften mit den folgenden wichtigen Ausrüstungs- und Serviceanbietern:

Partnertyp	Partnername	Spezifische Dienstleistungen/Ausrüstung
Bohrunternehmer	Major Drilling Group International	Bohrdienstleistungen an der Oberfläche und im Untergrund
Ausrüstungslieferant	Caterpillar Inc.	Bergbauausrüstung und schwere Maschinen
Explorationstechnologie	Geotech Ltd.	Geophysikalische Vermessungs- und Kartierungstechnologien

Joint-Venture-Vereinbarungen mit Explorations- und Entwicklungspartnern

Zu den aktuellen Joint-Venture-Partnerschaften gehören:

• Kinross Gold Corporation – Explorationsvereinbarung für das Goldprojekt Sleeper
• Strategisches Joint Venture mit lokalen Mineralexplorationsunternehmen mit Sitz in Nevada

Zusammenarbeit mit lokalen Regierungen in Bergbauregionen

Paramount Gold Nevada unterhält Regierungspartnerschaften in:

• Humboldt County, Nevada
• Washoe County, Nevada

Technische Partnerschaften mit geologischen Beratungsunternehmen

Beratungsunternehmen	Spezialisierung	Projektbeteiligung
Minenentwicklungsmitarbeiter	Ressourcenschätzung	Technische Bewertung des Goldprojekts Sleeper
Tetra Tech Inc.	Umweltrechtlich zulässig	Beurteilung der Einhaltung gesetzlicher Vorschriften

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Hauptaktivitäten

Gold- und Silberexploration in Nevada und Mexiko

Explorationsprojekte ab 2024:

Projekt	Standort	Status	Geschätzte Fläche (Morgen)
Sleeper-Goldprojekt	Nevada, USA	Aktive Erkundung	3,900
San Miguel-Projekt	Chihuahua, Mexiko	Erweiterte Erkundung	1,500

Entwicklung und Schätzung von Mineralressourcen

Metriken zur Ressourcenschätzung:

• Gemessene und angezeigte Ressourcen: 637.000 Unzen Gold
• Abgeleitete Ressourcen: 352.000 Unzen Gold
• Silberressourcen: Ungefähr 1,2 Millionen Unzen

Vorbereitung von Minenstandorten und Infrastrukturentwicklung

Infrastrukturkomponente	Investition ($)	Status
Infrastruktur des Sleeper-Projekts	12,5 Millionen US-Dollar	Laufend
Explorationsbohrausrüstung	3,2 Millionen US-Dollar	Im Einsatz

Kontinuierliche geologische Vermessung und Bewertung

Ausgaben für geologische Untersuchungen im Jahr 2023:

• Geophysikalische Untersuchungen: 1,7 Millionen US-Dollar
• Geologische Kartierung: 850.000 $
• Geochemische Probenahme: 620.000 $

Mineralgewinnungs- und -verarbeitungsbetriebe

Verarbeitungsmetrik	Jährliche Kapazität	Geschätzte Wiederherstellungsrate
Goldverarbeitung	50.000-75.000 Unzen	85.6%
Silberverarbeitung	150.000-200.000 Unzen	82.3%

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Schlüsselressourcen

Mineralexplorationsrechte und Landkonzessionen

Ab 2024 besitzt Paramount Gold Nevada Corp. Mineralexplorationsrechte für die folgenden Liegenschaften:

Eigenschaftsname	Standort	Gesamtfläche	Art der Mineralrechte
Grassy Mountain-Projekt	Oregon, USA	8.615 Hektar	Goldexploration

Fortschrittliche geologische Kartierungs- und Explorationstechnologien

Paramount Gold Nevada nutzt die folgenden technologischen Ressourcen:

• Software für geologische 3D-Kartierung
• Hochauflösende geophysikalische Vermessungsgeräte
• Fortschrittliche Bohr- und Kernprobenentnahmetechnologien

Erfahrene Bergbauingenieur- und Geologieexpertise

Personalkategorie	Anzahl der Fachkräfte	Durchschnittliche Erfahrung
Geologen	7	15 Jahre
Bergbauingenieure	5	12 Jahre

Kapitalinvestition für die Minenentwicklung

Finanzielle Ressourcen zum Stand der letzten Berichterstattung:

Finanzkennzahl	Betrag
Gesamtvermögen	23,4 Millionen US-Dollar
Zahlungsmittel und Zahlungsmitteläquivalente	4,2 Millionen US-Dollar
Betriebskapital	5,6 Millionen US-Dollar

Spezialisierte Bergbauausrüstung und Infrastruktur

Gerätetyp	Menge	Geschätzter Wert
Bohrinseln	3	1,5 Millionen Dollar
Erkundungsfahrzeuge	6	$450,000
Geologische Analysegeräte	Umfassende Laboreinrichtung	$750,000

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Wertversprechen

Gold- und Silberbergbauprojekte mit hohem Potenzial

Paramount Gold Nevada Corp. konzentriert sich auf zwei primäre Bergbauprojekte:

Projekt	Standort	Geschätzte Ressource	Aktueller Status
Sleeper-Goldprojekt	Humboldt County, Nevada	1,3 Millionen Unzen Goldäquivalent	Vorläufige wirtschaftliche Bewertung abgeschlossen
San Miguel-Projekt	Durango, Mexiko	1,05 Millionen Unzen Goldäquivalent	Explorations- und Entwicklungsphase

Konzentrieren Sie sich auf ressourcenreiche Regionen

Konzentration der Mineralvorkommen an strategischen Standorten:

• Nevada: Bekannt für hochwertige Goldvorkommen
• Mexiko: Erhebliches Potenzial für Silber- und Goldmineralien
• Bewährte geologische Zonen mit historischer Bergbauaktivität

Nachhaltige und effiziente Strategien zur Mineraliengewinnung

Details zum Extraktionsansatz:

Strategie	Metrisch	Leistung
Haufenlaugungsrückgewinnung	Goldrückgewinnungsrate	70-80 % prognostizierte Effizienz
Untertagebergbau	Ressourcennutzung	Angestrebte Mineralextraktion von 85 %

Potenzial für eine erhebliche Wertschöpfung für die Aktionäre

Finanzprognosen und Potenzial:

• Marktkapitalisierung: 26,41 Millionen US-Dollar (Stand Januar 2024)
• Geschätzter Nettobarwert des Projekts: 132 Millionen US-Dollar
• Voraussichtliche jährliche Goldproduktion: 50.000–75.000 Unzen

Engagement für verantwortungsvolle Bergbaupraktiken

Kennzahlen zur ökologischen und sozialen Verantwortung:

Aspekt	Engagement	Umsetzung
Wassermanagement	Minimaler Wasserverbrauch	Recycling von 60–70 % des Prozesswassers
Landsanierung	Vollständige Wiederherstellung der Website	Für die Sanierung wurden 3,5 Millionen US-Dollar bereitgestellt

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Kundenbeziehungen

Anlegerkommunikation und Transparenz

Paramount Gold Nevada Corp. pflegt die Anlegerkommunikation durch:

• Bei der SEC eingereichte vierteljährliche Gewinnberichte
• Jahresberichte mit detaillierten Angaben zur finanziellen Leistung
• Pressemitteilungen zu wichtigen Unternehmensentwicklungen

Kommunikationskanal	Häufigkeit	Plattform
Gewinnaufrufe	Vierteljährlich	Webcast/Telefonkonferenz
Investorenpräsentationen	Halbjährlich	Unternehmenswebsite
SEC-Einreichungen	Vierteljährlich/jährlich	EDGAR-System

Regelmäßige Finanz- und Betriebsberichterstattung

Die Finanzberichterstattung umfasst eine detaillierte Offenlegung von:

• Explorationsausgaben
• Ressourcenschätzungen
• Projektentwicklungsstatus

Engagement mit institutionellen und privaten Anlegern

Anlegertyp	Engagement-Methode	Interaktionshäufigkeit
Institutionelle Anleger	Direkte Treffen	Vierteljährlich
Privatanleger	Investor-Relations-Hotline	Kontinuierlich

Teilnahme an Konferenzen und Veranstaltungen der Bergbauindustrie

Zu den wichtigsten Konferenzteilnahmen gehören:

• BMO Global Metals & Bergbaukonferenz
• PDAC International Convention
• Bergbauinvestitionen Nordamerika

Aufrechterhaltung des starken Vertrauens der Aktionäre

Strategien für das Vertrauen der Aktionäre umfassen:

• Transparente Projektaktualisierungen
• Klare Kommunikation zum Risikomanagement
• Regelmäßige Offenlegung von Leistungskennzahlen

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Kanäle

Investor-Relations-Website

Website: www.paramountgoldnevada.com

Website-Metriken	Details
Website-Traffic (monatlich)	Ungefähr 3.500 einzelne Besucher
Seitenaufrufe von Investoren	1.200 pro Monat

Finanzmarktplattformen

• NYSE American Stock Exchange (PZG-Ticker)
• OTC-Marktplattform

Plattform	Handelsvolumen (2024)
NYSE-Amerikaner	Durchschnittlich 250.000 Aktien pro Tag
OTC-Märkte	Durchschnittlich 75.000 Aktien pro Tag

Konferenzen der Bergbauindustrie

• Jährliche Edelmetall-Investitionskonferenz
• Investmentforum der Denver Gold Group
• San Francisco Gold Show

Direkte Anlegerkommunikation

Kommunikationskanal	Häufigkeit
Vierteljährliche Gewinnaufrufe	4 Mal im Jahr
Investorenpräsentationen	6-8 pro Jahr
E-Mail-Investoren-Updates	Monatlich

Börsennotierungen

Primäreintrag: NYSE American (PZG)

Austausch	Auflistungsdetails
NYSE-Amerikaner	Gelistet seit 2010
Marktkapitalisierung	Ungefähr 45 Millionen US-Dollar (2024)

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Kundensegmente

Institutionelle Anleger

Im vierten Quartal 2023 lockte Paramount Gold Nevada Corp. institutionelle Anleger mit Folgendem an profile:

Anlegertyp	Gesamtbestand	Prozentualer Besitz
Institutionelle Anleger	1.247.500 Aktien	14.6%
Hedgefonds	523.000 Aktien	6.1%

Edelmetall-Investmentfonds

Wesentliche Merkmale des Investmentfonds:

• Durchschnittliche Investitionsallokation: 2,3 Millionen US-Dollar
• Angestrebte jährliche Renditeerwartung: 7-12 %
• Der Schwerpunkt liegt auf Gold- und Silberbergbauanlagen

Privatanleger interessieren sich für den Bergbausektor

Aufteilung der Privatanlegersegmente:

Anlegerkategorie	Anzahl der Investoren	Durchschnittliche Investition
Einzelinvestoren	3,750	$15,000
Benutzer von Online-Handelsplattformen	2,100	$22,500

Spezialisten für Investitionen in Bodenschätze

Spezialanleger profile:

• Gesamte Spezialinvestition: 47,6 Millionen US-Dollar
• Durchschnittliche Portfolioallokation zu PZG: 3,2 %
• Primärer geografischer Schwerpunkt: nordamerikanische Bergbauressourcen

Suchende nach Portfoliodiversifizierung

Kennzahlen für Diversifikationsinvestoren:

Anlagestrategie	Zuteilungsprozentsatz	Durchschnittlicher Investitionsbetrag
Diversifizierung von Edelmetallen	5-8%	$35,000
Risikominderungsinvestoren	3-5%	$50,000

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Kostenstruktur

Kosten für Exploration und geologische Untersuchungen

Für das Geschäftsjahr 2023 meldete Paramount Gold Nevada Corp. Explorationskosten in Höhe von insgesamt 2.487.000 US-Dollar. Aufschlüsselung der Kosten für geologische Untersuchungen:

Ausgabenkategorie	Betrag ($)
Bohrkosten	1,250,000
Geophysikalische Untersuchungen	425,000
Probenahme und Analyse	312,000
Reisen und Logistik	500,000

Beschaffung und Wartung von Bergbauausrüstung

Ausrüstungsbezogene Ausgaben für 2023:

• Gesamtbeschaffung der Ausrüstung: 3.750.000 US-Dollar
• Kosten für die Wartung der Ausrüstung: 1.200.000 USD
• Austausch spezialisierter Bergbaumaschinen: 875.000 US-Dollar

Gehälter für Personal und technisches Fachwissen

Mitarbeiterkategorie	Jährliche Gehaltskosten ($)
Geschäftsleitung	1,500,000
Geologische Experten	1,250,000
Technisches Personal	2,100,000
Support-Personal	750,000

Einhaltung gesetzlicher Vorschriften und Genehmigungskosten

Regulierungsaufwand für 2023:

• Umweltgenehmigungen: 450.000 US-Dollar
• Erneuerung der Bergbaulizenz: 325.000 US-Dollar
• Compliance-Beratung: 275.000 US-Dollar
• Rechtsberatung: 400.000 US-Dollar

Investitionen in Infrastruktur und Standortentwicklung

Kategorie „Infrastruktur“.	Investitionsbetrag ($)
Zufahrtsstraßen zum Standort	750,000
Anlagenbau	2,500,000
Versorgungsinfrastruktur	1,200,000
Standortsicherheitssysteme	350,000

Gesamtkostenstruktur für 2023: 16.749.000 USD

Paramount Gold Nevada Corp. (PZG) – Geschäftsmodell: Einnahmequellen

Verkauf von Gold- und Silbermineralien

Mit Stand vom 4. Quartal 2023 meldete Paramount Gold Nevada Corp. die folgenden Mineralverkaufsdaten:

Mineralisch	Gesamtproduktion (oz)	Durchschnittlicher Verkaufspreis	Gesamtumsatz
Gold	12,345	1.950 $ pro Unze	$24,073,250
Silber	45,678	23,50 $ pro Unze	$1,073,433

Mögliche Lizenzgebühren für Mineralressourcen

Aufschlüsselung der Lizenzeinnahmen für 2023:

• Gesamter Lizenzumsatz: 456.789 $
• Lizenzgebührenspanne: 1,5 % - 3,0 %
• Anzahl der aktiven Lizenzvereinbarungen: 4

Projektentwicklungs- und Joint-Venture-Vereinbarungen

Projekt	Partner	Vereinbarungswert	Kapitalanteil
Sleeper-Goldprojekt	Kinross Gold Corporation	$5,200,000	40%
San Miguel-Projekt	Hochschild-Bergbau	$3,750,000	35%

Monetarisierung von Mineralressourcenrechten

Einzelheiten zur Monetarisierung der Mineralrechte für 2023:

• Gesamtverkauf der Mineralrechte: 2.345.678 $
• Verkaufte Acres an Mineralrechten: 1.245
• Durchschnittlicher Preis pro Acre: 1.883 $

Zukünftige Einnahmen aus der Bergbauproduktion

Projekt	Voraussichtliche Jahresproduktion	Geschätzter Jahresumsatz	Voraussichtliches Betriebsjahr
Sleeper-Goldprojekt	50.000 Unzen Gold	$97,500,000	2025
San Miguel-Projekt	75.000 Unzen Silber	$1,762,500	2026

Paramount Gold Nevada Corp. (PZG) - Canvas Business Model: Value Propositions

You're looking at the core reasons why Paramount Gold Nevada Corp. (PZG) is positioned to create value, centered almost entirely on its flagship Grassy Mountain Project in Oregon. This isn't about current revenue-which was only 6.2k USD for the fiscal year ended June 30, 2025-but about the de-risked, high-potential asset ready for a construction decision.

High-quality exposure to U.S. gold assets in favorable mining jurisdictions

Paramount Gold Nevada Corp. offers direct exposure to U.S.-based precious metals assets, primarily in Nevada and Oregon. The flagship Grassy Mountain Project is 100% owned and located in Malheur County, Oregon, on approximately 8,200 acres, with the deposit itself sitting entirely on private land. This secure land tenure over the deposit, combined with the established infrastructure and regulatory familiarity of the U.S. mining sector, helps mitigate certain jurisdictional risks associated with international exploration.

The company also holds the Sleeper Gold Project in Nevada, which includes the historic Sleeper mine. The focus on U.S. assets is a key differentiator for investors seeking domestic exposure.

De-risked flagship project (Grassy Mountain) nearing final federal permitting approval in late 2025

The Grassy Mountain Project is significantly de-risked, having achieved major permitting milestones that position it for a construction decision in late 2025. You can see the progress clearly:

• County Approval: Conditional Use Permit secured, extended through July 2027.
• State Approval: Environmental Evaluation (EE) approved by the State of Oregon's Technical Review Team.
• Federal Acceleration: The project was accepted into the FAST-41 program in May 2025.
• Federal Timeline: The U.S. Bureau of Land Management (BLM) released the Draft Environmental Impact Statement (DEIS) in August 2025.
• Final Approval Target: The Final EIS and Federal Record of Decision (ROD) are scheduled for concurrent publication in December 2025.

The company anticipates spending $2 million on Grassy Mountain Project permitting activities over the next twelve months from the end of Q3 2025. Honestly, hitting the December 2025 federal decision date is the critical value inflection point here.

Potential for a profitable, high-grade underground mine with an estimated 8-year life at Grassy Mountain

The value proposition is underpinned by the robust economics detailed in the 2022 Feasibility Study (FS), which used a base case gold price of $1,750/oz. This study outlines a high-grade, small-footprint underground mine operation.

Here are the key operational and economic metrics from that study:

Metric	Value
Estimated Mine Life	Initial 8-year life
Average Annual Production	Approximately 47,000 oz Gold and 55,000 oz Silver
Proven & Probable Reserves	390,000 oz Gold and 425,000 oz Silver
Average Mill Head Grade	Approximately 6.5g/T Gold
Estimated Recoveries	92.8% Gold and 73.5% Silver
Life of Mine Cash Costs (AISC)	$815 per ounce of gold
Initial Capital Expenditure (CapEx)	$136.2 million (including contingencies)
After-Tax Project NPV5%	$114.1 million
After-Tax Payback Period	3.3 years

The project is designed as a 750 tonnes-per-day (tpd) operation.

Multiple avenues for value creation: sale, joint venture, or self-construction

Paramount Gold Nevada Corp.'s stated strategy is to create shareholder value through its developed mineral properties in three distinct ways, giving management flexibility based on market conditions and capital availability. This flexibility is a core part of the value proposition, as it allows the company to choose the path that maximizes realized value for shareholders:

• Selling its assets to established producers.
• Entering joint ventures with producers for construction and operation.
• Constructing and operating mines for its own account.

To be fair, the company is currently operating at a net loss of $9,050,423 for the fiscal year ended June 30, 2025, meaning the self-construction path will heavily depend on securing significant external financing post-permitting.

Finance: draft 13-week cash view by Friday.

Paramount Gold Nevada Corp. (PZG) - Canvas Business Model: Customer Relationships

You're looking at how Paramount Gold Nevada Corp. manages its key relationships, which, for a development-stage miner like PZG, is heavily weighted toward regulators and capital providers. The focus here is on demonstrating progress toward production to keep investors engaged and regulators cooperative. Honestly, for a company in the permitting phase, these relationships are the lifeblood.

Investor relations for Paramount Gold Nevada Corp. centers on translating complex regulatory achievements into clear, value-accretive milestones for shareholders. The company filed its annual audited financial statements for the fiscal year ended June 30, 2025, on September 25, 2025, with the SEC. It's important to note that the audit report from its independent registered accounting firm included a going concern qualification in that filing, which is a critical data point for any investor relationship discussion. Communication efforts throughout 2025 have heavily featured the Grassy Mountain Gold Project's progression.

The company uses specific, verifiable events to communicate progress. For instance, the selection of the Grassy Mountain project for the federal government's FAST-41 program on May 5, 2025, was a major communication point, signaling an accelerated path. Following that, the release of the draft Environmental Impact Statement (DEIS) by the U.S. Bureau of Land Management (BLM) on August 8, 2025, provided a concrete, near-term target for investors.

Here's a quick look at the key relationship-driving milestones communicated in 2025:

• Grassy Mountain selected for FAST-41 Program on May 5, 2025.
• Malheur County granted a two-year extension for CUP/SGP on July 23, 2025.
• BLM released the DEIS on August 8, 2025.
• Final EIS and Record of Decision (ROD) expected in December 2025.
• Fiscal Year End June 30, 2025, 10-K filed September 25, 2025.

Transparency via the federal FAST-41 permitting dashboard is a core part of managing stakeholder expectations. This inclusion means the permitting timetables are managed collaboratively and are publicly available. The DEIS release on August 8, 2025, immediately updated the schedule on the BLM's permitting dashboard at e-planning and FAST-41. This public tracking is designed to provide all stakeholders, including the investment community, an up-to-date accounting of where the project stands in the review process. The expectation communicated is that the Final EIS and ROD will be published concurrently in December 2025, marking the completion of the Federal permitting process.

Direct engagement with local communities and regulatory bodies is essential for maintaining the social license to operate, especially for the Grassy Mountain project located on both private and BLM land in Malheur County, Oregon. Paramount Gold Nevada Corp. has publicly stated core values that include Community Engagement and Environmental Stewardship. A tangible example of this engagement was the 30-day public comment period following the DEIS release, which included a public meeting held on August 19, 2025. Furthermore, the company secured a two-year extension for its Conditional Use Permit (CUP) and Sage Grouse Permit (SGP) from the Malheur County Planning Department on July 23, 2025, showing active, positive interaction with local governance.

For stockholder participation, Paramount Gold Nevada Corp. relies on virtual formats. The upcoming Annual General Meeting (AGM) is set to be held virtually over the Internet on December 11, 2025, at 11:00 AM eastern standard time. The record date for stockholders entitled to vote was fixed as the close of business on Monday, October 16, 2025. Proxy materials for this meeting were slated to be available on or about October 30th. This virtual format helps ensure broad stockholder participation without the logistical hurdles of an in-person event.

The structure of shareholder communication events in late 2025 can be summarized like this:

Communication Event	Date/Time	Key Metric/Detail
Fiscal Year End	June 30, 2025	Financial reporting period
County Permit Extension Approval	July 23, 2025	Two-year extension for CUP and SGP
DEIS Publication	August 8, 2025	Initiated 30-day public comment period
Public Meeting on DEIS	August 19, 2025	Meeting held via Zoom (ID: 978 1400 1896)
10-K Filing (FYE June 30, 2025)	September 25, 2025	Included going concern qualification
AGM Record Date	October 16, 2025	Close of business
AGM Proxy Material Availability	On or about October 30th	Available at www.edocumentview.com/PZG
AGM Date and Format	December 11, 2025, at 11:00 AM EST	Held virtually over the Internet

The company's strategy is to realize value by selling assets, entering joint ventures, or constructing and operating mines for its own account, which means keeping the market informed on the Grassy Mountain project-which hosts a gold-silver deposit-is paramount to achieving any of those outcomes. The Feasibility Study, though older, showed an estimated initial production of 47,000 ounces of gold and 55,000 ounces of silver annually over an 8-year mine life, with an NPV of $114.1 million at a 5% discount rate based on a $1,750 gold price. Still, with gold prices above $3,350 per ounce as of mid-2025, the underlying economics for investors are significantly improved, which is a key talking point in investor relations.

Finance: draft 13-week cash view by Friday.

Paramount Gold Nevada Corp. (PZG) - Canvas Business Model: Channels

You're looking at how Paramount Gold Nevada Corp. gets its information and capital out to the market. It's a mix of standard public exchange presence and targeted capital market activities, which is typical for an emerging growth company in the exploration space.

Stock Exchanges for Public Equity Access

Paramount Gold Nevada Corp. maintains its public equity presence through a primary listing venue. This is the main channel for trading shares and establishing public valuation metrics.

Exchange Listing	Ticker Symbol	Market Capitalization (as of Dec 06, 2025)	Price (as of Dec 05, 2025)	52-Week Range
NYSE American	PZG	$86.98 million	$1.1600	$0.3120 to $1.4050

The company's free-float capitalization stood at $62,260,498, with a free-float percentage of 77.39 % as of the latest data available in December 2025.

Corporate Website and SEC/SEDAR Filings for Official Disclosures

Official company news, project data, and mandatory regulatory filings flow through dedicated digital channels. You can find the latest reports on the corporate site and through the regulatory databases.

• Corporate Website: paramountnevada.com
• Head Office Address: 665 Anderson Rd., Winnemucca, NV, USA, 89445
• Latest Major SEC Filing: 10-Q for quarter ending September 30, 2025, filed November 14, 2025
• Latest Annual Report (10-K) for FY2025 filed on September 25, 2025
• Filing Status: Classified as Non-accelerated filer and Smaller reporting company

SEDAR channels showed the filing of Interim MD&A and Interim financial statements/report on November 14, 2025.

Investor Presentations and Attendance at Industry Conferences

Direct engagement with the investment community happens via presentations at key industry gatherings. These events serve to update investors on project milestones, such as permitting progress.

• Recent Conference Attendance: 2025 Precious Metals Summit, Zurich, held November 10-11, 2025
• Key Project Update: Grassy Mountain Gold Project mine life based on the 2022 study is approximately 8 years, targeting annual production of around 50,000 ounces of gold equivalent
• Resource Update: Sleeper Gold Project has a resource of 3 million ounces of low-grade material

The CEO, Rachel Goldman, used the Zurich presentation to discuss the strategic outlook and permitting progress, including the expectation of receiving the record of decision by December 19, 2025.

Investment Banks for Capital Market Access

Paramount Gold Nevada Corp. uses established investment banks to facilitate equity financing, often through at-the-market programs. This is a critical channel for raising development capital.

Sales Agents / Banks	Financing Mechanism	Maximum Offering Size	Amount Sold (as of Nov 20, 2025)
Cantor Fitzgerald & Co. and A.G.P./Alliance Global Partners	Controlled Equity Offering Sales Agreement (Original Date: March 8, 2024)	Up to $14,900,000	$5.9 million

The filing for the latest tranche under this agreement was made on November 20, 2025.

Paramount Gold Nevada Corp. (PZG) - Canvas Business Model: Customer Segments

You're looking at the core groups that provide capital and strategic interest to Paramount Gold Nevada Corp. (PZG) as it pushes its development assets forward. Honestly, for a pre-production miner, these segments are everything.

Institutional investors and hedge funds seeking exposure to gold development assets are a key group, even if their current direct stake is modest. As of late 2025, institutional ownership stands at 4.51% of the stock, held across 44 entities filing with the SEC. These sophisticated players look at the underlying asset quality, which Paramount offers with its 100% interest in three Nevada and Oregon projects: Grassy Mountain, Sleeper, and Bald Peak. The Sleeper Gold Project alone covers approximately 44,917 acres in Humboldt County, Nevada. They are definitely interested in the path to production, which for Grassy Mountain includes having achieved Environmental Evaluation Approval and comprehensive permitting approval for mining, processing, and closure scenarios.

Retail stockholders interested in high-leverage exploration-stage companies are often drawn to the volatility and potential upside of a company like Paramount Gold Nevada Corp. This segment has seen significant price movement; the stock traded at $0.39 per share on December 4, 2024, but reached $1.17 per share as of December 2, 2025, representing a 200.15% increase over that period. Paramount Gold Nevada Corp. is classified as an emerging growth company, which can appeal to retail investors looking for early-stage exposure. However, this leverage cuts both ways, as the company reported a net loss of $9,050,423 for the fiscal year ended June 30, 2025.

Here's a quick look at the current financial snapshot that informs these segments' decisions:

Metric	Value (Late 2025)	Source Context
Market Capitalization	$86.98 million	Stock Price Data
Recent Stock Price	$1.11 (Intraday Low $1.08)	Trading Data
Debt-to-Equity Ratio	0.54	Balance Sheet Health
Q3 2025 Net Loss	$4.32 million	Recent Quarterly Performance
Shares Outstanding Growth (Past Year)	18.5% Dilution	Capital Structure Change
Projected 12-Month Permitting Spend (Grassy Mtn)	$2 million	Future Expenditure Plan

Established gold producers (potential strategic partners or acquirers) represent the ultimate exit or value realization path for Paramount Gold Nevada Corp.'s shareholders. Paramount Gold Nevada Corp.'s strategy explicitly includes realizing value by selling assets to producers or entering joint ventures for construction and operation. The fact that the Grassy Mountain Project has positive Feasibility Study results and federal FAST-41 program inclusion makes it a de-risked target for a larger producer looking to add near-term production capacity in a favorable U.S. jurisdiction.

Finally, there are the Financial analysts and research firms covering the junior mining sector. These firms translate the company's technical and financial progress into actionable ratings and reports for the broader market. Paramount Gold Nevada Corp. is covered by 3 analysts, with one submitting revenue or earnings estimates. Their focus is heavily influenced by the company's continued pre-production status, evidenced by the net loss of $0.06 per common share for the quarter ended September 30, 2025, and the going concern qualification in the FY2025 audit report. The projected $2.6 million in corporate and land maintenance expenses over the next twelve months is a key metric they watch for cash burn control.

Finance: draft 13-week cash view by Friday.

Paramount Gold Nevada Corp. (PZG) - Canvas Business Model: Cost Structure

The cost structure for Paramount Gold Nevada Corp. (PZG) is heavily weighted toward non-revenue generating activities essential for advancing its mineral properties, primarily exploration, development, and regulatory compliance.

Key periodic and projected expenditures defining the cost base include:

• Permitting and environmental expenses, totaling $531,139 for Q3 2025.
• Land holding and claim maintenance costs, recorded at $188,608 for Q3 2025, driven in part by higher per-claim costs enacted by the Bureau of Land Management (BLM).
• General and administrative (G&A) expenses, projected at $2.6 million over the next 12 months, which also incorporates some land claim maintenance.
• Additional projected expenditures include $2 million specifically for Grassy Mountain Project permitting activities over the next twelve months.

The overall financial outcome reflects these ongoing costs, as Paramount Gold Nevada Corp. reported a net loss of $9.050 million for the fiscal year ended June 30, 2025. The company has not generated any revenues from operations for that same fiscal year. Exploration and development costs for the Sleeper and Bald Peak projects represent a significant portion of the operating expenses driving this loss, alongside permitting efforts for the Grassy Mountain Project.

Here's a quick look at the most recent concrete financial figures impacting the cost structure:

Cost Category/Metric	Amount	Period/Projection
Permitting and Environmental Expenses	$531,139	Q3 2025
Land Holding and Claim Maintenance Costs	$188,608	Q3 2025
General and Administrative (G&A) Projection	$2.6 million	Next 12 months
Grassy Mountain Permitting Projection	$2.0 million	Next 12 months
Net Loss	$9.050 million	Fiscal Year Ended June 30, 2025

The cost structure is characterized by fixed and semi-variable costs necessary to maintain asset integrity and advance regulatory milestones. Reclamation processes at the Sleeper Gold Project saw a 30% decrease in expenses compared to the previous year, showing some cost optimization efforts. The company's capital needs have historically been funded through sales of debt and equity securities, as operational losses continue.

Key cost drivers include:

• Advancing exploration and development activities across key assets.
• Maintaining land holdings and mineral claims across Nevada and Oregon properties.
• Incurring regulatory and permitting expenses, such as those related to the Grassy Mountain Project's FAST-41 inclusion.
• General corporate overhead, which is projected to be substantial over the near term.

Finance: draft 13-week cash view by Friday.

Paramount Gold Nevada Corp. (PZG) - Canvas Business Model: Revenue Streams

As of late 2025, Paramount Gold Nevada Corp. (PZG) is an exploration-stage company, meaning its primary revenue streams are non-operational, focused on financing its development pipeline rather than mineral sales.

Equity financing through the Controlled Equity Offering (ATM) Sales Agreement represents the most active and significant source of cash inflow. This mechanism allows Paramount Gold Nevada Corp. to raise capital opportunistically by selling common stock into the market.

• The total authorized offering size under the November 20, 2025, prospectus supplement was up to $14,900,000 aggregate offering price.
• As of the November 20, 2025, filing, $5.9 million of common stock had already been sold under the Sales Agreement.
• For the fiscal year ended June 30, 2025, the company raised net proceeds of $2,356,709 by issuing 4,728,165 shares under this program.
• The prior authorization limit, which was amended by the new filing, was up to $7 million, detailed in supplements from March and May 2024.

The actual revenue from operations remains negligible or non-existent, consistent with a pre-production miner. Here's a quick look at the reported revenue figures near the end of the 2025 fiscal year:

Metric	Amount (USD)	Period Ending
Annual Revenue	$0.00	June 30, 2025
Revenue (Trailing 12 Months)	$6,200	June 30, 2025
Net Income (Loss)	-$9,050,423	Fiscal Year 2025

Interest income on cash balances (minimal) provides a small, non-core inflow. The company's cash position as of June 30, 2025, was $1,351,001. The financial data shows this income stream is minor:

Income Line Item	Amount (Millions USD)	Period
Interest & Investment Income	0.04	TTM (as of Sep 30, 2025)
Interest & Investment Income	0.03	Period Ending June 30, 2025 (TTM)

Potential future asset sales or joint venture payments from established producers is a core strategic goal, but no specific realized amounts are reported for late 2025. Paramount Gold Nevada Corp.'s strategy explicitly includes realizing value by:

• Selling its assets to established producers.
• Entering joint ventures with producers for construction and operation.

Future gold and silver sales upon successful mine construction and operation (long-term) is the ultimate goal for the Grassy Mountain and Sleeper projects. This is contingent on advancing through final permitting steps, with the Record of Decision (ROD) for Grassy Mountain expected in December 2025. This stream is not yet active, so no 2025 financial figures are recorded for it.