Item 8.01 Other Events
On November 20, 2020, Paramount Gold Nevada Corp. (the "Company") filed a
prospectus supplement (the "Prospectus Supplement") for the offer and sale of
shares of its common stock, par value $0.01 per share ("Common Stock"), having
an aggregate offering price of up to $5 million, pursuant to the Controlled
Equity OfferingSM Sales Agreement, dated May 20, 2020 ("Sales Agreement"), with
Cantor Fitzgerald & Co. and Canaccord Genuity LLC. The Prospectus Supplement
supersedes, and the Company has ceased the use of and the offering of Common
Stock under the Company's prior prospectus supplement dated May 20, 2020. Since
May 20, 2020, the Company has sold shares of Common Stock having an aggregate
gross sales price of $1.231 million under the Sales Agreement.
A copy of the opinion of Duane Morris LLP relating to the validity of the Common
Stock is attached as Exhibit 5.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
5.1 Opinion of Duane Morris LLP.
23.1 Consent of Duane Morris LLP (included in Exhibit 5.1).
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