Statement of Changes in Beneficial Ownership (4)

Date : 07/12/2018 @ 5:01PM
Source : Edgar (US Regulatory)
Stock : Paramount Gold Nevada Corp. (PZG)
Quote : 1.06  0.0 (0.00%) @ 4:00AM

Statement of Changes in Beneficial Ownership (4)

FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FCMI Parent Co.
2. Issuer Name and Ticker or Trading Symbol

Paramount Gold Nevada Corp. [ PZG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

181 BAY STREET, SUITE 250
3. Date of Earliest Transaction (MM/DD/YYYY)

7/11/2018
(Street)

TORONTO, A6 M5J 2T3
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share   7/11/2018     P    380000   (1) A $1.25   (2) 4727910   D   (3)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants to purchase Common Stock   $1.30   (4) 7/11/2018     A      380000       7/11/2018   7/10/2020   Common Stock   190000     (2) 380000   D   (3)  
Warrants to purchase Common Stock   $2.25                    2/14/2017   2/13/2019   Common Stock   248400     496800   D   (3)  

Explanation of Responses:
(1)  On July11, 2018, FCMI Parent Co. purchased 380,000 Units of the Issuer's securities; each Unit consisting of one share of the Issuer's common stock and one warrant to purchase one-half of one share of such common stock.
(2)  The purchase price per Unit was $1.25. The subscription documents for the Units did not allocate the purchase price between the shares of common stock and the warrants.
(3)  Of such 4,727,910 shares, 3,505,699 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. FCMI Financial Corp.is a wholly-owned subsidiary of FCMI Parent Co. 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.
(4)  Each warrant will have a two-year term from the issuance date and will be exercisable in the first year at $1.30 per share and in the second year at $1.50 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

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FCMI Parent Co.
181 BAY STREET
SUITE 250
TORONTO, A6 M5J 2T3

X

FCMI FINANCIAL CORP ET AL
181 BAY STREET
SUITE 250
TORONTO, A6 M5J 2T3

X

FRIEDBERG ALBERT
FCMI FINANCIAL CORPORATION
181 BAY STREET, SUITE 250
TORONTO, A6 M5J 2T3

X


Signatures
/s/ Dan Scheiner, Vice President FCMI Parent Co. 7/11/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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