Paramount Gold and Silver Corp (PZG)

[REAGAN]

iDilution

Will know shortly the status of the below. At the time of last years 10K filing they had sold only a small fraction of shares.

In May 2020, the Company entered into an
Fitzgerald & Co. and Canaccord Genuity LLC (together, the “Agents”), pursuant to which the Company may issue and sell shares of
Sales Agreement (“Sales Agreement”) with Cantor
its common stock from time to time through the Agents for aggregate sales proceeds of up to $8,000,000, subject to the offering
limitations currently applicable to the Company under General Instruction I.B.6. of Form S-3. Sales of the Company’s common stock
through the Agents will be made by any method that is deemed to be an “at-the-market” equity offering as defined in Rule 415
promulgated under the Securities Act of 1933, as amended. As of June 30, 2020, we sold 372,742 shares of common stock under the
Sales Agreement at an average approximate price of $1.17 per share for gross proceeds of $436,783. After deducting transaction fees
and commissions and all other costs, we received net proceeds of $312,518.