Business Context and Reporting Period
This Form 8-K Current Report was filed by Paramount Gold Nevada Corp. on July 25, 2022. The filing addresses a change in the company's independent registered public accounting firm. The company is incorporated in Nevada and its common stock trades on the NYSE American under the symbol PZG.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is strictly procedural regarding the appointment of auditors.
Material Changes
- Resignation of Auditor: MNP LLP resigned as the independent registered public accounting firm effective July 25, 2022.
- Engagement of New Auditor: Moss Adams LLP was engaged as the new independent registered public accounting firm for the fiscal year ending June 30, 2022, approved unanimously by the Board of Directors.
- Audit History: MNP's reports for fiscal years ended June 30, 2021, and 2020 contained no adverse opinions, disclaimers, or qualifications. There were no disagreements with MNP regarding accounting principles, practices, or audit scope during the two most recent fiscal years or the interim period through July 25, 2022.
- Consultation with New Auditor: No consultations occurred with Moss Adams regarding accounting principles or reportable events prior to their engagement.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of operational risks. The primary disclosure relates to the transition of audit services, noting that MNP has been authorized to respond fully to inquiries from Moss Adams regarding all matters.
Investor Verification Checklist
- Verify the effective date of the auditor transition (July 25, 2022).
- Confirm the identity of the new auditor (Moss Adams LLP) and the resigned auditor (MNP LLP).
- Review the attached letter from MNP LLP (Exhibit 16.1) to confirm their agreement with the statements regarding the resignation.
- Note that this filing does not provide updated financial results; refer to the most recent 10-K or 10-Q for financial metrics.