posted
As I promised here is the first press release from Paramount gold. I am sure there will be more detailed news to come shortly. I will keep you all posted.
August 25, 2005 - 9:28 AM EDT PGDP 0.59 N/A
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Paramount Gold Mining Corp. Commences Trading on OTC Market Under the Symbol PGDP Paramount Gold Mining Corp. (OTC:PGDP) advises that it is now listed on the US - OTC market under the trading symbol PGDP.
Paramount is a precious metals exploration and development company. It is management's objective to grow the Company into a significant gold and precious metals producer by acquiring advanced-stage projects and/or producing mines in the most prolific precious metal districts in the world.
Specifically, the portfolio will comprise three distinct types of mining properties. First, advanced stage exploration projects with resources at economic grades and strong expansion potential; second, projects that can quickly be brought into production having access to or that include mining/milling facilities; and third, former producing properties with significant untapped exploration potential.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Paramount Gold Mining Corp. Chris Crupi chriscrupi@rogers.com or Investor Relations: Skyline Communications, 613-226-9881 toll-free: 1-866-481-2233 www.skylinecommunicationsinc.com
Source: Business Wire (August 25, 2005 - 9:28 AM EDT)
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