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Prospect News home > News index > List of issuers P > Headlines for Paramount Gold & Silver Corp. > News item
Published on 10/19/2009 in the Prospect News Special Situations Daily.

Paramount Gold & Silver investor reports 24.7% ownership interest

By Lisa Kerner

Charlotte, N.C., Oct. 19 - FCMI Financial Corp. bought 4 million shares of Paramount Gold & Silver Corp. on Oct. 15 for $1.25 per share, according to a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

The investor beneficially owns 28 million shares, or 24.7%, of the Ottawa-based gold and precious metals acquisition company.


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