Paramount Gold and Silver Corp.
FRANKFURT : WKN:A0HGK
TSX : PZG
NYSE Amex : PZG

Paramount Gold and Silver Corp.

June 25, 2009 15:04 ET

Paramount Gold and Silver Corp. Added to Russell Indexes

OTTAWA, CANADA--(Marketwire - June 25, 2009) - Paramount Gold and Silver Corp. ("Paramount") (NYSE Amex:PZG)(TSX:PZG)(Frankfurt:P6G)(WKN:A0HGKQ) is pleased to announce, effective June 29, 2009 that it will be added to several Russell indexes including the Russell 3000 and Russell Global.

Christopher Crupi, CEO of Paramount Gold and Silver Corp. stated, "We are looking forward to being added to the Russell indexes and the institutional interest that will now follow the Paramount story."

Paramount currently has no weighting in the Russell Index.

About Russell Indexes:

Over the past 25 years, Russell's innovative methodology has helped their indexes become the benchmarks most used by institutional investors. Currently, institutional investment professionals responsible for over $4.3 trillion in assets use Russell indexes to guide their portfolios

Contact Information

  • Paramount Gold and Silver Corp.
    Christopher Crupi, CEO
    Chris Theodossiou, Investor Relations
    866-481-2233 / 613-226-9881