Day: April 17, 2015

Paramount Gold and Silver Corp. announced today that the proposals related to the merger agreement with Coeur Mining, Inc. were approved by both Paramount and Coeur stockholders and that the transaction has closed. Immediately prior to the consummation of the merger, Paramount distributed pro rata to its stockholders 8,101,371 shares of Paramount’s wholly-owned subsidiary, Paramount Gold Nevada Corp. SpinCo is expected to begin “regular way” trading on the NYSE MKT on April 20, 2015 under the symbol “PZG”, CUSIP number 69924M109.

Marlin Gold Mining Ltd. is pleased to provide an update in relation to its previously announced non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin expects to issue up to 16,250,000 common shares at a price of $0.56 per Common Share for aggregate gross proceeds of up to approximately $9,100,000.

“Everybody likes copper because there is not much of it,” said Menno Sanderse, a mining analyst at Morgan Stanley.