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d791123b-ffe6-4000-b67d-c0b30e303da7.pdf
26 July 2016
In Specie Distribution Completed
Paramount Mining Corporation Limited (ASX: PCP, "Paramount", "Company") is pleased to advise that the Company has completed the in specie distribution of fully paid ordinary shares in the capital of Paramindo Singapore Ltd.
As approved at the Company's Annual General Meeting on 21 March 2016, Paramount shareholders were issued with one Paramindo Singapore Ltd share for every one Paramount share held on the record date of 24 May 2016.
Eligible shareholders should expect to receive holding statements in the coming days containing details of their holding in Paramindo Singapore Ltd.
Garry Taylor Company Secretary
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Paramount Mining Corporation Limited
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PRODUCER |
CODE : PCP.AX |
ISIN : AU000000PCP5 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Paramount Mining is a gold exploration company based in Australia. Paramount Mining produces gold, diamonds in Australia, and holds various exploration projects in Australia and in Ghana. Its main asset in production is ELLENDALE in Australia and its main exploration properties are PEAKSTAR and NAPIER in Australia and OSENASE in Ghana. Paramount Mining is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 6.1 millions as of today (US$ 4.6 millions, € 4.1 millions). Its stock quote reached its highest recent level on February 08, 2011 at AU$ 0.14, and its lowest recent point on March 24, 2016 at AU$ 0.01. Paramount Mining has 607 979 968 shares outstanding. |