Paramount Gold and Silver Corp.
AMEX : PZG
FRANKFURT : WKN:A0HGK

Paramount Gold and Silver Corp.

August 27, 2007 08:30 ET

Paramount Gold Announces Name Change to Paramount Gold and Silver Corp.

OTTAWA, CANADA--(Marketwire - Aug. 27, 2007) - Paramount Gold and Silver Corp. (AMEX: PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) is pleased to announce their name change from Paramount Gold Mining Corp. to Paramount Gold and Silver Corp.



Beginning this fall, Paramount will be attending a variety of conferences,
which include:

- Incremental Advantage Metals and Mining Investment Conference
New York City September 6th

- Hard Assets Conference
Las Vegas September 10th and 11th

- Silver Summit
Idaho September 20th and 21st

- Europe (Milan, Turin and Geneva) October 4th and 5th

- Cambridge House Conference
Toronto October 21st and 22nd

- Hard Assets Conference
San Francisco November 18th and 19th


Paramount was assisted in the new corporate identity process by Fifty Strategy and Creative.

Further to the conferences, Paramount will be launching their new identity in a variety of mining related mediums, including websites (ie: www.kitco.com, and www.kitcosilver.com, radio and video interviews, magazines (ie: Resource World) and Newspapers (ie: The Prospector and The Northern Miner).

Please look for Paramount Gold and Silver's new website launching in early September at www.paramountgold.com.

About Paramount Gold

Paramount Gold is listed on the AMEX 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.

Contact Information

  • Paramount Gold and Silver Corp.
    Chris Halkai
    Corporate Relations
    Toll-free: 1-866-481-223
    613-226-9881