FCMI Financial owns 16,000,000 common shares representing 15.78% of the total outstanding Common Shares.

FCMI Financial has purchased such common shares for investment purposes and intends, subject to market conditions, to make additional acquisitions or dispositions in securities of Paramount Gold and Silver Corp. in the future.

Contacts:
Henry Fenig
416-350-2890
416-364-0572 (FAX)

SOURCE: Paramount Gold and Silver Corp.

A service of YellowBrix, Inc.