Paramount Gold Nevada Corp.

WINNEMUCCA, Nev., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that the U.S. Bureau of Land Management (the “BLM”) has completed its review as required under the National Environmental Policy Act and approved the Company's Plan of Operations for the Grassy Mountain Gold Project (“Grassy Mountain”) located in Malheur County, Oregon.

Paramount Gold is fairly valued, with key permitting and feasibility milestones expected for Grassy Mountain and Sleeper projects in H2. Grassy Mountain's updated feasibility study shows robust economics, but construction timelines and permitting completion remain uncertain, creating near-term catalysts and risks. PZG faces liquidity constraints, requiring additional capital raises and guaranteed dilution, with a $15M Sprott debenture and potential royalty conversion adding financing complexity.