Delivering News That Matters

Paramount Gold and Silver Corp. Closes Acquisition of X-Cal Resources and the Sleeper Gold Project

WINNEMUCCA, NEVADA–(Marketwire – 08/23/10) – Further to our press release dated June 22, 2010, Paramount Gold and Silver Corp. (TSX:PZG – News)(NYSE:PZG – News) (Frankfurt:PG6 – News)(WKN: A0HGKQ) (“Paramount”) advises that its previously announced acquisition of X-Cal Resources Ltd. (TSX:XCL – News)(“X-Cal”) has been approved by 100% of the X-Cal shareholders present or represented by [...]

Paramount Gold and Silver Corp. Acquires X-Cal Resources Ltd. and Sleeper Gold Mine in Nevada

OTTAWA, ONTARIO–(Marketwire – June 22, 2010) – Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G) (“Paramount”) has entered into an agreement with X-Cal Resources Ltd. (TSX: XCL)(“X-Cal”) to acquire all of the common shares of X-Cal in a transaction valued at approximately C$31.8 million (the “Transaction” or the “Paramount Transaction”). The Transaction has been unanimously approved [...]

Paramount Gold and Silver Corp.: Drilling Expands New Gold/Silver Target at San Miguel

South San Francisco Bulk Mineable Discovery Adding Resource Potential
CHIHUAHUA, MEXICO–(Marketwire – June 17, 2010) – Paramount Gold and Silver Corp. (TSX:PZG)(NYSE Amex:PZG)(FRANKFURT:P6G) -
Resource definition drilling continues to progress successfully on bulk-mineable gold targets discovered by Paramount in December and January in the South San Francisco area of the San Miguel Project. Exploration work is also [...]