|Bid||1.2900 x 3000|
|Ask||1.3200 x 800|
|Day's Range||1.2500 - 1.3400|
|52 Week Range||0.4720 - 1.4800|
|Beta (5Y Monthly)||2.17|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
This new capital strengthens our balance sheet and positions us to complete critical milestones for the next phases of state and federal permitting for our Grassy Mountain Gold Project. Ms. Goldman added, “In addition to upcoming permitting and feasibility milestones, it is our expectation that we will initiate a drill program upon receipt of all permits at the highly prospective Frost project, located just 12 miles west of Grassy Mountain.”
WINNEMUCCA, Nev., June 23, 2020 /CNW/ - Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount" or the "Company") announced today the pricing of its previously announced non-brokered registered direct offering and concurrent, best efforts offering in Canada (collectively, the "Offerings") of 4,807,700 shares of its common stock, at an offering price of US $1.04 per share of common stock. Proceeds from the Offerings, before deducting agents' commissions and other estimated offering expenses payable by Paramount, are expected to be approximately US$5 million. Proceeds from the Offerings will be used primarily to advance the ongoing permitting of the Company's high-grade Grassy Mountain Gold Project in eastern Oregon and for general corporate purposes.
Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has commenced a non-brokered registered direct offering (“RD”) of shares to certain US based and other eligible investors. Concurrent to the RD, the Company has engaged Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation as agents for a Canadian best efforts offering for minimum aggregate gross proceeds of US$3 million (the “Offerings”). Closing of the Offerings is anticipated to occur on or about June 30, 2020, subject to the satisfaction of customary closing conditions, including approval of the NYSE American stock exchange.