SEC Form 4 · accession 0001019056-17-000720

Paramount Gold Nevada Corp. · PZG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

FCMI FINANCIAL CORP ET AL

10% Owner

Albert Friedberg

10% Owner

FCMI Parent Co.

10% Owner

Period of report

Oct 12, 2017

Accepted (ET)

Oct 16, 2017 · 11:34 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001629210

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $0.01 per share^F1,F2	Oct 12, 2017	P	1,075,000	$1.40	A	4,347,910	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrants to purchase Common Stock^F3	—	holding	—	—	—	Feb 14, 2017	Feb 14, 2019	Common Stock	248,400	248,400	D

Explanation of responses

F1On October 12, 2017, FCMI Parent Co. purchased 1,075,000 shares of the Issuer's common stock. FCMI Financial Corp.is a wholly-owned subsidiary of FCMI Parent Co.
F2Of such 4,347,910 shares, 3,125,699 shares are owned directly by FCMI Parent Co., and 1,222,211 shares are owned directly by FCMI Financial Corporation. The Warrants listed in Table II are owned directly by FCMI Parent Co. Each Warrant is exercisable to purchase one-half share of the Issuer's common stock. Mr. Albert D. Friedberg is the President of FCMI Parent Co., which is owned by Mr. Friedberg and members of his family and controlled by Mr. Friedberg.
F3From February 14, 2017 to and including February 14, 2018, $2.00 per share; from February 15, 2018 to and including February 14, 2019, $2.25 per share, in each case subject to adjustment for certain events set forth in the warrants.

Remarks

Names and addresses of additional Reporting Persons: 1. FCMI Financial Corporation, 181 Bay Street, Toronto, Ontario, Canada M5J 2T3 / 2. Albert D. Friedberg, FCMI Financial Corporation, 181 Bay Street, Toronto, Ontario, Canada M5J 2T3