$PZG

Paramount Gold Nevada Corp.

CIK:0001629210|SEC Filings

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Expenses
Exploration and development	$ 3,567,816	$ 2,603,457
Reclamation	171,909	200,950
Land holding costs	764,607	743,119
Professional fees	745,287	446,723
Salaries and benefits	1,355,560	1,640,394
Directors' compensation	276,764	320,848
General and administrative	1,222,166	774,615
Accretion	227,647	225,413
Total Expenses	8,331,756	6,955,519
Net Loss Before Other Expense (Income)	8,331,756	6,955,519
Other Expense (Income)
Other income	(105,734)	(6,217)
Loss from change in fair value of derivative liability on royalty convertible debenture	4,868,289	435,824
Loss from change in fair value of warrant liability	833,905	0
Interest expense	1,694,855	1,690,690
Interest income	(67,701)	(44,642)
Net Loss before Income Taxes	15,555,370	9,031,174
Income Taxes
Deferred tax expense	4,853	19,249
Net Loss	$ 15,560,223	$ 9,050,423
Loss per Common Share
Basic	$ 0.19	$ 0.13
Diluted	$ 0.19	$ 0.13
Weighted Average Number of Common Shares Used in per Share Calculations
Basic	80,883,639	67,783,473
Diluted	80,883,639	67,783,473

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Statement of Cash Flows [Abstract]
Net Loss	$ (15,560,223)	$ (9,050,423)
Adjustments to reconcile net loss to net cash used in operations:
Depreciation	3,606	2,675
Stock based compensation	390,716	589,730
Non-cash expense for issuance of restricted stock grant awards	83,999	0
Amortization of debt issuance costs	174,022	174,022
Capital issued for interest expense	1,520,833	1,516,667
Accretion expense	227,647	225,413
Settlement of asset retirement obligations	(120,000)	(120,000)
Loss from change in fair value of derivative liability	4,868,289	435,824
Loss from change in fair value of warrant liability	833,905	0
Deferred tax expense	4,853	19,249
Effect of changes in operating working capital items:
Change in other assets	(15,753)	0
Change in prepaid expenses	139,748	(36,606)
Change in reclamation bonds accounts	37,395	0
Change in accounts payable	127,141	(23,835)
Cash used in operating activities	(7,283,822)	(6,267,284)
Cash flows from investing activities:
Purchase of mineral properties	(50,000)	(150,000)
Purchase of equipment	0	(11,483)
Cash used in investing activities	(50,000)	(161,483)
Cash flows from financing activities
Capital issued for financing, net of share issuance costs	13,914,027	2,356,709
Proceeds from warrant private placement	2,000,000	0
Cash provided by financing activities	15,914,027	2,356,709
Change in cash during period	8,580,205	(4,072,058)
Cash at beginning of period	1,351,001	5,423,059
Cash at end of period	$ 9,931,206	$ 1,351,001

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Current Assets
Cash and cash equivalents	$ 9,931,206	$ 1,351,001
Prepaid expenses and deposits	1,216,601	1,356,349
Other assets	15,753
Total Current Assets	11,163,560	2,707,350
Non-Current Assets
Mineral properties	49,157,282	49,137,478
Reclamation bonds	508,781	546,176
Property and equipment	8,422	12,028
Total Non-Current Assets	49,674,485	49,695,682
Total Assets	60,838,045	52,403,032
Current Liabilities
Accounts payable and accrued liabilities	667,112	539,971
Reclamation and environmental obligation, current portion	120,000	120,000
Warrant liability	2,833,905
Total Current Liabilities	3,621,017	659,971
Non-Current Liabilities
Debt liability of royalty convertible debenture, net	11,804,567	11,630,545
Derivative liability of royalty convertible debenture	8,946,218	4,077,929
Deferred tax liability	297,552	292,699
Reclamation and environmental obligation, non-current portion	2,251,216	2,173,765
Total Non-Current Liabilities	23,299,553	18,174,938
Total Liabilities	26,920,570	18,834,909
Commitments and Contingencies (Note 14)
Stockholders' Equity
Common stock, par value $0.01, 200,000,000 authorized shares, 86,124,381 issued and outstanding at June 30, 2026 and 200,000,000 authorized shares, 75,420,743 issued and outstanding at June 30, 2025	861,245	754,208
Additional paid in capital	140,045,115	124,242,577
Accumulated deficit	(106,988,885)	(91,428,662)
Total Stockholders' Equity	33,917,475	33,568,123
Total Liabilities and Stockholders' Equity	$ 60,838,045	$ 52,403,032