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p6g (BSNS WIRE) Paramount Gold Announces Above-Market $1 Million Financing at $2. 0 Per Share Paramount Gold Announces Above-Market $1 Million Financing at $2.60 Per Share Metal/Mining Writers / Business Editors OTTAWA--(BUSINESS WIRE)---- Paramount Gold Mining Corp. (OTC:PGDP) (FWB:P6G) (WKN:A0HGKQ) is pleased to announce a US $1,000,000 private placement financing of restricted stock at US $2.60 per share. There are no warrants attached and no finder fees were paid. "This $1 million financing is being priced at a premium to the current market price of our stock," commented Chris Crupi, President and CFO, "reflecting what I believe are the spectacular results we are generating from our ongoing drill program in Mexico, and the progress we are making in our strategic alliance in South America." Paramount will use the funds from this financing to add a second drill rig at their San Miguel project in Mexico, and in preparation for the commencement of drilling in the next 45 days at the Santos property in Peru. |
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| aus der Diskussion: | ###Paramount Gold Announces - US $1,000,000 private placement ### |
| Autor (Datum des Eintrages): | V51 (13.10.06 14:07:45) |
| Beitrag: | 1 von 4 (ID:24598979) |
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