SCHEDULE 13G/A: Prominent Investor Albert Friedberg and Affiliates Disclose 13.49% Stake in Paramount Gold Nevada Corp.

Albert Friedberg, through FCMI Parent Co. and Buckingham Charitable Foundation, has disclosed a combined beneficial ownership of 13.49% in Paramount Gold Nevada Corp., including a recent purchase of newly issued shares.

Summary

• Albert Friedberg, through FCMI Parent Co. and Buckingham Charitable Foundation, beneficially owns 9,692,310 shares of Paramount Gold Nevada Corp. Common Stock.
• This aggregate ownership represents 13.49% of the company's outstanding common stock.
• FCMI Parent Co. directly holds 5,791,000 shares, accounting for 8.06% of the class.
• Buckingham Charitable Foundation directly holds 3,901,310 shares, representing 5.43% of the class.
• Mr. Friedberg is considered the ultimate beneficial owner of all shares held by FCMI Parent Co. and Buckingham Charitable Foundation due to his control over FCMI and his trustee position at the Foundation.
• The beneficial ownership percentage is calculated based on 71,865,150 shares outstanding, which includes 71,449,150 shares reported as of May 9, 2025, and 416,000 newly issued shares sold to FCMI Parent on June 13, 2025.
• The filing indicates that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive. While a 13G is a factual disclosure, the continued significant stake and recent purchase of newly issued shares by a prominent investor like Albert Friedberg can be interpreted as a vote of confidence in the company, which is generally positive for market perception.

Positives

• Significant beneficial ownership by Albert Friedberg and associated entities, totaling 13.49%, indicates a strong, concentrated investment in Paramount Gold Nevada Corp.
• The recent purchase of 416,000 newly issued shares by FCMI Parent Co. on June 13, 2025, suggests continued investment and confidence in the company by a major shareholder.

Risks

• Concentration of ownership: Albert Friedberg, through his entities, holds a substantial 13.49% stake, which could give him significant influence over corporate decisions and potentially limit the influence of other shareholders.

Future Outlook

This document is a beneficial ownership statement and does not contain forward-looking statements or guidance regarding the company's future performance or operations.

Industry Context

Schedule 13G filings are routine disclosures for investors acquiring more than 5% of a company's stock, indicating significant ownership stakes. This filing highlights a concentrated investment by a prominent individual and his associated entities in Paramount Gold Nevada Corp., a company in the gold mining sector, which can signal long-term interest or strategic positioning by a major investor.

Comparison to Industry Standards

• This type of filing (Schedule 13G) is a standard regulatory disclosure for significant beneficial ownership in publicly traded companies, adhering to SEC requirements.
• The document does not provide operational or financial results for Paramount Gold Nevada Corp. that would allow for a direct comparison to industry benchmarks or specific comparable companies/projects.

Related Party Transactions

• Albert Friedberg, as a Canadian citizen, is the ultimate beneficial owner of shares held by FCMI Parent Co. (organized in Nova Scotia, Canada) and Buckingham Charitable Foundation (a Canadian registered trust), indicating a related party structure for the beneficial ownership.

Stakeholder Impact

• Shareholders: The increased concentration of ownership by Albert Friedberg and his entities could influence future corporate decisions and potentially impact shareholder voting power.

Key Dates

Keywords

Paramount Gold Nevada Corp., Albert Friedberg, FCMI Parent Co., Buckingham Charitable Foundation, Beneficial Ownership, SEC Filing, Schedule 13G, Common Stock, Shareholder, Investment