Paramount Gold Nevada Corp. filed SEC Form 8-K: Regulation FD Disclosure
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 30, 2025, Glen Van Treek provided notice of his retirement from the Company as President and Chief Operating Officer of Paramount Gold Nevada Corp. (the “Company”). Mr. Van Treek also resigned from the Board of Directors of the Company.
Mr. Van Treek has entered into (i) a Consulting Agreement dated as of May 1, 2025 (the “Consulting Agreement”) and (ii) a Separation Agreement dated as of May 1, 2025 (the “Separation Agreement”) with the Company. Pursuant to the terms of the Consulting Agreement, Mr. Van Treek will provide requested transition services at an hourly rate of $250.00. Pursuant to the terms of the Separation Agreement, Mr. Van Treek agreed to release the Company and other parties from any claims, in consideration of certain severance payments and the retention of equity awards held by Mr. Van Treek under the Company’s equity compensation plans.
Rachel Goldman, the Company’s Chief Executive Officer, will oversee operations for the Company.
Item 7.01. Regulation FD Disclosure.
On May 1, 2025, the Company issued a press release announcing the retirement of Mr. Van Treek. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number |
Description | |
99.1 | Press Release of Paramount Gold Nevada Corp dated May 1, 2025 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PARAMOUNT GOLD NEVADA CORP. | ||||||
Date: May 1, 2025 | By: | /s/ Carlo Buffone | ||||
Carlo Buffone Chief Financial Officer |