Alberta Securities Commission

Plan of Operations for the Grassy Mountain Gold Mine in Malheur County Oregon is Deemed Complete by the Federal BLM

Retrieved on: 
Tuesday, November 29, 2022
Aurora, COVID-19, Federal Bureau of Investigation, Paramount, Perception, Environment, Plan, Environmental issues, HDR, Inc., Notice of Intent to Lien, EIS, Alberta Securities Commission, National Environmental Policy Act, Environmental impact statement, Feasibility study, Pandemic, Sleeper, Gold, Metal, BLM, News, NYSE, Mining, Virus, PZG, Record, FS, Coronavirus, Silver, Risk management, Renewable energy, Road, Frost, Grassy Mountain (Georgia)

The EIS culminates in the Record of Decision that sets out the BLMs decision regarding the proposed mining operations.

Key Points: 
  • The EIS culminates in the Record of Decision that sets out the BLMs decision regarding the proposed mining operations.
  • The Grassy Mountain Gold project has been progressing through three levels of permitting to reach a construction decision.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.
  • Frost is comprised of 84 unpatented lode claims covering approximately 1,730 acres located 12 miles southwest of the Companys proposed high-grade, underground Grassy Mountain gold mine in Malheur County, Oregon (Grassy).

ASC finds that Logan Keith Shaw and 1681502 Alberta Ltd. perpetrated a fraud on investors

Retrieved on: 
Monday, November 14, 2022
Securities Act of 1933, Alberta Securities Commission, Shaw, AB, Canadian Securities Administrators, British Columbia Securities Commission, Hearing, ASC, Risk, Private investigator

CALGARY, AB, Nov. 14, 2022 /CNW/ - The Alberta Securities Commission (ASC) has found that Logan Keith Shaw and 1681502 Alberta Ltd. (1681502) contravened s. 93(b) of the Securities Act (Alberta) by engaging in a course of conduct that they knew perpetrated a fraud on investors.

Key Points: 
  • CALGARY, AB, Nov. 14, 2022 /CNW/ - The Alberta Securities Commission (ASC) has found that Logan Keith Shaw and 1681502 Alberta Ltd. (1681502) contravened s. 93(b) of the Securities Act (Alberta) by engaging in a course of conduct that they knew perpetrated a fraud on investors.
  • Instead, Shaw used approximately $807,780 to purchase a house in Vernon, British Columbia.
  • It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Paramount Gold Provides Update on its Upcoming AGM

Retrieved on: 
Thursday, November 10, 2022
Aurora, PZG, Feasibility study, GLOBE, Perception, Silver, BLM, Forward-looking statement, NYSE, Gold, U.S. Securities and Exchange Commission, Pandemic, Sleeper, Intention, Private Securities Litigation Reform Act, Internet, Mission statement, SEC, News, Coronavirus, Goal, Metal, FS, Virus, Company, Form 10-K, Security (finance), Paramount, COVID-19, Alberta Securities Commission, Mining, Road, Frost, Grassy Mountain (Georgia)

About Paramount Gold Nevada Corp.

Key Points: 
  • About Paramount Gold Nevada Corp.
    Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company.
  • Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.
  • Except as required by applicable law, Paramount disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

Paramount Gold Submits Plan of Operations With Federal Regulators for Its Proposed Grassy Mountain Gold Mine

Retrieved on: 
Thursday, October 27, 2022
Aurora, Record, Goal, Gold, Silver, PZG, National Environmental Policy Act, Technical report, Perception, Mining, Notice of Intent to Lien, Environmental impact statement, Feasibility study, EIS, News, Alberta Securities Commission, Review, Plan, BLM, Processor register, Intention, Metal, Federal Bureau of Investigation, Environmental issues, Company, Paramount, FS, Coronavirus, Pandemic, GLOBE, Sleeper, State, SEC, Virus, Forward-looking statement, HDR, Federal Register, Record of Decision, Private Securities Litigation Reform Act, COVID-19, NYSE, HDR, Inc., Uranium, Risk management, Road, Oil, Frost, Grassy Mountain (Georgia)

WINNEMUCCA, Nev., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (Paramount or the Company) announced today that it has submitted an updated Plan of Operations (the Plan) to the Federal Bureau of Land Management (BLM) for the Companys proposed Grassy Mountain Gold Mine in eastern Oregon.

Key Points: 
  • WINNEMUCCA, Nev., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (Paramount or the Company) announced today that it has submitted an updated Plan of Operations (the Plan) to the Federal Bureau of Land Management (BLM) for the Companys proposed Grassy Mountain Gold Mine in eastern Oregon.
  • About Paramount Gold Nevada Corp.
    Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company.
  • Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.

ASC finds that Shane Courtney Ward breached Alberta securities laws

Retrieved on: 
Monday, October 24, 2022
Canadian Securities Administrators, Association of Professional Engineers and Geoscientists of Alberta, Alberta Securities Commission, Prospectus, Hearing, Fraud, ASC, Association, British Columbia Securities Commission, Securities Act of 1933, AB, Investment, Ward, Private investigator, Oil

CALGARY, AB, Oct. 24, 2022 /CNW/ - The Alberta Securities Commission (ASC) has found that Shane Courtney Ward breached the Securities Act(Alberta) by illegally distributing securities, making misrepresentations to investors and perpetrating a fraud.

Key Points: 
  • CALGARY, AB, Oct. 24, 2022 /CNW/ - The Alberta Securities Commission (ASC) has found that Shane Courtney Ward breached the Securities Act(Alberta) by illegally distributing securities, making misrepresentations to investors and perpetrating a fraud.
  • ASC Staff alleged that from February 2011 to April 2018 he solicited investments from 22 investors 21 of whom were Alberta residents and raised approximately $819,000.
  • The ASC gratefully acknowledges the assistance of the British Columbia Securities Commission and the Association of Professional Engineers and Geoscientists of Alberta in this matter.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

ASC issues public interest orders in response to criminal fraud conviction against James Russell Neilson

Retrieved on: 
Friday, October 21, 2022
Securities Act of 1933, Mission statement, ASC, The Criminal Code, Alberta Securities Commission, Theft, Investment, Neilson, Court of Queen's Bench of Alberta, Fraud, AB, Criminal code, Canadian Securities Administrators, Private investigator, Security (finance), Financial adviser

Two of Neilson's fraud convictions arose from fraudulent representations he made in conjunction with investments in ABACA Solutions Inc. (ABACA) and APO Group Inc. that grossly overstated ABACA's financial situation.

Key Points: 
  • Two of Neilson's fraud convictions arose from fraudulent representations he made in conjunction with investments in ABACA Solutions Inc. (ABACA) and APO Group Inc. that grossly overstated ABACA's financial situation.
  • In some cases, Neilson showed investors fraudulently manufactured banking and financial statements to convince them to invest.
  • Seven individuals paid Neilson nearly $1.2 million for shares in ABACA, while a corporate investor paid approximately $1million in a separate transaction.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

ASC Connect 2022 to provide expert perspectives on the future of Alberta's capital market

Retrieved on: 
Thursday, October 13, 2022
Chair, Goal, Alberta Securities Commission, ASC, Michael Baum (entrepreneur), AB, CEO, History, Canadian Securities Administrators, Oil

CALGARY, AB, Oct. 13, 2022 /CNW/ - Today, the Alberta Securities Commission (ASC) is holding its sixth annual ASC Connect conference, where industry experts and senior ASC leaders will discuss opportunities and evolving trends in Alberta's capital market.

Key Points: 
  • CALGARY, AB, Oct. 13, 2022 /CNW/ - Today, the Alberta Securities Commission (ASC) is holding its sixth annual ASC Connect conference, where industry experts and senior ASC leaders will discuss opportunities and evolving trends in Alberta's capital market.
  • As well, leaders of the ASC's core divisions will discuss what the ASC is working on for market participants and investors.
  • "ASC Connect offers market participants an excellent opportunity to come together and learn from others' perspectives and insights," said Stan Magidson, Chair and CEO of the ASC.
  • It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors.

Canadian securities regulators consider impact of international developments on proposed climate-related disclosure rule

Retrieved on: 
Wednesday, October 12, 2022
Centre for International Sustainable Development Law, Chair, ISSB, U.S. Securities and Exchange Commission, Alberta Securities Commission, CSA, SEC, Disclosure, CEO, Task force, Electrical wiring, Financial adviser

The ongoing assessment of key international climate-related rule proposals is intended to inform a CSA rule that serves the needs of Canadian capital markets, has considered international consensus, responds to Canadian investor needs, and reflects the realities of Canadian issuers.

Key Points: 
  • The ongoing assessment of key international climate-related rule proposals is intended to inform a CSA rule that serves the needs of Canadian capital markets, has considered international consensus, responds to Canadian investor needs, and reflects the realities of Canadian issuers.
  • Since publication of the CSA's proposed climate-related disclosure rule, important international developments have occurred.
  • The International Sustainability Standards Board (ISSB) also published a proposed general standard for the disclosure of sustainability-related financial information as well as a proposed specific climate-related disclosure standard.
  • The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

ASC alleges Paul Lackan of Calgary perpetrated a fraud

Retrieved on: 
Friday, October 7, 2022
Canadian Securities Administrators, Alberta Securities Commission, ASC, Notice of Hearing, AB, Private investigator, Hearing

CALGARY, AB, Oct. 7, 2022 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Paul Lackan perpetrated a fraud on investors, most of whom were clients of his accounting business.

Key Points: 
  • CALGARY, AB, Oct. 7, 2022 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Paul Lackan perpetrated a fraud on investors, most of whom were clients of his accounting business.
  • According to the Notice of Hearing, Lackan raised at least $200,000 from investors between July 2018 and December 2020.
  • The ASC is the regulatory agency responsible for administering the province's securities laws.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Paramount Gold Files S-K 1300 Technical Report Summary Confirming Economic Feasibility of the Grassy Mountain Gold Project

Retrieved on: 
Thursday, October 6, 2022
News, National instrument, Metal, SEC, Pandemic, Virus, LME, LOM, Arrowhead, Commercial, Perception, MDA, Company, Sleeper, Coronavirus, Private Securities Litigation Reform Act, Goal, Alberta Securities Commission, Silver, Regulation, NSR, Intention, Securities Exchange Act of 1934, Gold, File, Feasibility study, NI, Forward-looking statement, FS, Paramount, COVID-19, BLM, Cryptocurrency, Construction, Mining, Road, Ausenco, Grassy Mountain (Georgia), Frost

About Paramount Gold Nevada Corp.

Key Points: 
  • About Paramount Gold Nevada Corp.
    Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company.
  • Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.
  • The Grassy Mountain Gold Project contains a gold-silver deposit (100% located on private land) for which results of a positive Feasibility Study have been released and key permitting milestones accomplished.