UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PARAMOUNT GOLD & SILVER CORP. 665 ANDERSON STREET WINNEMUCCA, NV 89445 |
 |  |  | Sole Shareholder |
/s/ Carlo Buffone, Chief Financial Officer | 04/09/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | This Form 3 is being filed in connection with the Securities and Exchange Commission's declaration of effectiveness of the Registration Statement on Form S-1 of Paramount Gold Nevada Corp. ("Paramount Gold Nevada"), which describes the separation of Paramount Gold Nevada from Paramount Gold and Silver Corp. (NYSE MKT: PZG) ("Paramount"). As of the date of this report, Paramount Gold Nevada is a wholly-owned subsidiary of Paramount. The board of directors of Paramount has approved the distribution of shares of common stock of Paramount Gold Nevada in connection with the merger of Paramount with and into a subsidiary of Coeur Mining, Inc. (NYSE: CDE). Subject to the conditions specified in the merger agreement, the distribution of shares of Paramount Gold Nevada will be made on April 17, 2015 to Paramount stockholders of record as of the close of business on April 14, 2015, the record date for the distribution. |
(2) | Immediately following the distribution, Paramount will no longer own any shares of common stock of Paramount Gold Nevada. |