Form 4: Major Shareholder Increases Stake in Paramount Gold Nevada Corp.

FCMI Parent Co., an entity controlled by Director and 10% Owner Albert Friedberg, has significantly increased its beneficial ownership in Paramount Gold Nevada Corp. through a recent share purchase.

Summary

• FCMI Parent Co. acquired 416,000 shares of Paramount Gold Nevada Corp. common stock on June 13, 2025.
• The shares were purchased at a price of $0.60 per share.
• Following this transaction, the reporting persons (FCMI Parent Co., Buckingham Charitable Foundation, and Albert Friedberg) collectively beneficially own 9,692,310 shares of Paramount Gold Nevada Corp.
• Of the total beneficial ownership, 5,791,000 shares are directly owned by FCMI Parent Co., and 3,901,310 shares are directly owned by the Buckingham Charitable Foundation.
• Albert Friedberg is the President of FCMI Parent Co., which is owned and controlled by him and his family members, and he is also a Trustee of the Buckingham Charitable Foundation.
• All reporting persons are identified as Directors and 10% Owners of Paramount Gold Nevada Corp.

Sentiment

Score: 8

Explanation: The purchase of a significant number of shares by a major insider and 10% owner, Albert Friedberg's controlled entity FCMI Parent Co., signals strong confidence in the company's valuation and future prospects, indicating a highly positive sentiment.

Positives

• Significant insider buying by FCMI Parent Co., an entity controlled by Director and 10% Owner Albert Friedberg, signals strong confidence in Paramount Gold Nevada Corp.'s future prospects.
• The purchase of 416,000 shares at $0.60 per share represents a direct investment of $249,600 by a key stakeholder.
• The increase in beneficial ownership to 9,692,310 shares by a controlling entity reinforces alignment between management/major shareholders and other shareholder interests.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports an insider transaction, which is a common occurrence in the financial markets. It indicates a significant shareholder's increased confidence in the company, which can be a positive signal within the mining or exploration industry, particularly for companies like Paramount Gold Nevada Corp. (PZG).

Related Party Transactions

• The acquisition of shares by FCMI Parent Co., an entity controlled by Albert Friedberg (who is a Director and 10% owner of Paramount Gold Nevada Corp.), constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The insider purchase may instill greater confidence among existing and potential shareholders, potentially leading to increased investor interest and positive share price movement.
• Employees, Customers, Suppliers, Creditors: No direct immediate impact on these stakeholders is indicated by this filing.

Key Dates

Recommendation

Keywords

SEC Form 4, Insider Trading, Beneficial Ownership, Paramount Gold Nevada Corp., PZG, FCMI Parent Co., Albert Friedberg, Share Purchase, Director Ownership, 10% Owner