Corporate Profile
Company Profile Paramount Gold & Silver Corp. according to the requirements of the German Stock Exchange/Deutsche Boerse AG
As At December 13, 2010 (As filed on SEC)
Details of Trading Data
| Share Outstanding (Basic) | 136,787,012 |
| Warrants Outstanding (C$ 1.05) | 7,700,000 |
| Options Outstanding | 2,001,120 |
| Shares Outstanding (FD) | 146,488,132 |
| ISIN | US69924P1021 |
| WPK Number | A0HGKQ |
| Transparency Level | Entry Standard |
| Market Segment | Open Market |
| Shareholder Structure | FCMI Financial (A. Friedberg) |
| Christopher Crupi | |
| Lead Broker | Baader Bank AG |
| Aplicant | BankM Repraesentanz der biw Bank AG |
| Listing Partner | BankM Repraesentanz der biw Bank AG |
| Authorized Capital | 200,000,000 |
| Par Value | $0.001 |
| Free Float (approx.) | 107,000,000 |
Corporate Information
| Date of incorporation | March 31, 2005 |
| Accounting Standard | US GAAP |
| End of financial year | June 30th |
| Management | Christopher Crupi, Founder, CEO, CA Carlo Buffone, CFO , CMA Glen Van Treek, VP Exploration Bill Thrlekeld, Senior Advisor Michael Clancy, Corporate Secretary |
| Directors | Christopher Crupi, Director, CEO, CA Rudi Fronk, Director Eliseo Gonzalez-Urien, Director Michel Yvan Stinglhamber, Director John R. Carden, Director Robert G. Dinning, CA, Chairman of the Board of Directors Christopher Reynolds, CGA, Director Shawn Kennedy, Director |
Description of the business:
Paramount Gold is a U.S. domiciled exploration and development company with multi-million ounce advanced stage projects in Nevada [Sleeper] and northern Mexico [San Miguel]. Fully funded programs are now in progress at our two main projects which are expected to generate substantial additions to resources in 2011 and 2012. Engineering studies are also scheduled for completion in 2012 to define a development path and economic valuation for each project.
Our philosophy at Paramount is to maximize shareholder value and reduce risk by focusing our efforts on the gap between discovery and production. Prior to confirming a major discovery, exploration companies are highly risky investments which are difficult to value. At the other end of the spectrum, smaller companies attempting to become stand-alone producers are rarely successful due to the added technical and financial risks involved in building and operating mines. The `sweet spot` for creating shareholder value in the gold mining business is between discovery and production…growing existing resources, designing economic operations and joint-venturing them with established producers. That's the Paramount formula and you can see it at work on our Sleeper and San Miguel projects where, in the shadow of successful producers, discoveries have been made and resources are growing rapidly.