Paramount Gold & Silver
Corp. to Commence Trading on the Toronto
Stock Exchange
Toronto - (MarketWire)
– September 4, 2007 - Paramount Gold & Silver Corp. (AMEX/TSX:
‘PZG’) is pleased to announce that they have been approved for
trading their common shares on the Toronto Stock Exchange under the symbol
‘PZG’. Paramount
will commence trading on the TSX Wednesday, September 5, 2007, at 9:30 am EST.
Christopher Crupi,
President and CEO of Paramount Gold & Silver Corp., stated, "Our
listing on the Toronto Stock Exchange compliments our recent listing on the
American Stock Exchange and continues to provide a liquid market for our
existing and future shareholder base. The TSX listing increases the
visibility to the global marketplace and improves access and increases
visibility to future shareholders to participate in a new silver discovery in Mexico."
About Paramount
Gold
Paramount Gold is listed on the AMEX and TSX
under the symbol PZG and on the Frankfurt Stock Exchange under the symbol P6G
(WKN: A0HGKQ). Paramount
Gold is a precious metals mining exploration company, presently in the early
stages of an extensive exploration program at their San Miguel project in the
Sierra Madre, Temoris mining district of Mexico. Paramount has completed
15,000 meters of drilling, totaling 98 drill holes on the project with results
pending on the last 25 of these holes. In early 2007, Paramount began a 50,000 meter drill program,
of which 8,000 meters have been completed to date. In March 2007, Paramount completed a
$21.8 million financing which is being utilized to develop their San Miguel
project and other opportunities.
"Safe-Harbor"
Statement: This press release contains forward-looking information
within the meaning of Section 21E of the Securities Exchange Act of 1934.
All statements that are not statements of historical fact regarding the intent,
belief or current expectations of the Company may not be realized.
Investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties, many of
which are beyond the Company's ability to control, and that actual results may
differ materially.
Contacts:
Paramount Gold and Silver Corp.
Christopher Crupi,
President and CEO
Toll-Free: 1-866-481-2231
613-226-9881
Paramount Gold and Silver Corp.
Chris Halkai
Corporate Relations
Toll-free: 1-866-481-2231
613-226-9881