Analyst Coverage

ROTH Capital Partners

(www.roth.com)

Initiating Coverage:        January 4, 2017

Joseph Reagor

Research Analyst

Mr. Reagor is a Research Analyst providing equity research coverage of the natural resources sector. Prior to joining ROTH, he worked in equity research at Global Hunter Securities and at Very Independent Research covering a wide array of resources companies including metals (steel and aluminum), mining (gold, silver and base metals), and forest products (containerboard, OCC, UFS, and pulp).

Mr. Reagor earned bachelor of arts degree in economics and mathematics from Monmouth University.

Rodman & Renshaw
A Unit of H.C. Wainwright & Co.

(www.hcwco.com)

Initiating Coverage:        April 27, 2015

Heiko Ihle, CFA

Managing Director – Equity Research

Heiko Ihle covers companies in the Metals & Mining industry. Prior to joining H.C. Wainwright, Mr. Ihle spent 2.5 years at Euro Pacific Capital as a Senior Research Analyst, where he was also focused on the Mining industry. Before this, he spent over 6 years working on Equity Research with Gabelli & Company in Rye, NY with a focus on the Industrials and E&C industries. Prior to his time at Gabelli, he completed summer internships with Deutsche Bank on the foreign exchange trading desk in New York, NY and in fixed income sales in Frankfurt, Germany.

A native of Germany, Mr. Ihle received his Bachelor in Finance and Management from the University of Illinois at Chicago in 2004 and his MBA from the University of Miami in 2006. He has been a CFA Charterholder since 2010 and is currently a member of the CFA Institute and the Stamford CFA Society.

Disclaimer: The aforementioned views and ratings are not the opinion of Paramount Gold Nevada Corp (“Company”) nor does the Company endorse or view these reports as guidance.