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
                                                                                  
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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 *

Buffone Carlo
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                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

625 ANDERSON ST
3. Date of Earliest Transaction (MM/DD/YYYY)

2/24/2023
(Street)

WINNEMUCCA, NV 89445
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

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

_X _ Form filed by One Reporting Person
___ 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

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
RSU  (1)2/24/2023  A   25000     (2) (3)Common Stock 50000 $0.00 125000 D  
RSU  (1)2/24/2023  A   25000     (4) (5)Common Stock 25000 $0.00 150000 D  
RSU  (1)2/24/2023  A   25000     (6) (7)Common Stock 25000 $0.00 175000 D  
RSU  (1)2/24/2023  A   25000     (8) (9)Common Stock 25000 $0.00 200000 D  

Explanation of Responses:
(1) Each restricted stock unit is equivalent to one share of the Company's common stock.
(2) The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest one year from the date of grant.
(3) The restricted stock units will vest and be delivered to the reporting person one year from date of grant.
(4) The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest two years from the date of grant.
(5) The restricted stock units will vest and be delivered to the reporting person two years from date of grant.
(6) The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest upon the Company completing an initial drill program at the Bald Peak Project.
(7) The restricted stock units will vest and be delivered to the reporting person upon the Company completed an initial drill program for the Bald Peak Project.
(8) The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest upon the Company closing a financing of at least $5 million.
(9) The restricted stock units will vest and be delivered to the reporting person upon the Company closing a financing of at least $5 million.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Buffone Carlo
625 ANDERSON ST
WINNEMUCCA, NV 89445


Chief Financial Officer

Signatures
Carlo Buffone2/28/2023
**Signature of Reporting PersonDate


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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