Possible new PZG shares

PZGDilution

Known so far: no new shares from the prospectus covers read · shelf not limited by the baby-shelf rule · not yet read: warrants, converts, options, ATM.

Shelf room

  • Room today not capped by the baby-shelf rule ($80.0M float, Dec 31, 2025)
How this is worked out

Shelf room on the S-3 of Mar 8, 2024: not limited by the baby-shelf rule, because the $80.0M public float stated as of Dec 31, 2025 is $75M or more. Sources: S-3/A Mar 8, 2024, effective Mar 22, 2024 · public float, as of Dec 31, 2025.

What could become new Paramount Gold Nevada (PZG) shares, from its 10-Q, 10-K, S-3 or 424B filings.

Read so far: the cover share count (86.2M shares, +11% from 77.6M on Sep 24, 2025). Not read yet: warrants, convertible notes, options and RSUs and an ATM program. Read them on EDGAR: the latest 10-K · S-3 shelf filings.

Shares outstanding

86.2M

Nov 2024 to Sep 2026: from 66.1M to 86.2M.

From the share count on the cover of each 10-Q and 10-K, dated as each cover states.