Paramount Gold and Silver Corp. Update on Strategic Alliance With Mexoro Minerals
August 16th, 2008Paramount Gold and Silver Corp.advises that certain provisions of its Strategic Alliance with Mexoro Minerals have recently lapsed, including Paramount’s right of first refusal on financings. As Paramount holds convertible debentures in the amount of $1,370,000 resulting from advances made to Mexoro Minerals to fund exploration under the Strategic Alliance, Paramount has agreed to defer [...]