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Paragon Minerals closes private placement

December 20, 2009 @ 10:10 pm In Silver Company News

Paragon Minerals Corporation (TSX VENTURE:PGR) reported that it has completed the flow-through portion of a non-brokered private placement, and has issued 5,333,330 flow-through Units ("FT Unit") at a purchase price of $0.15 per FT Unit for gross proceeds of $800,000.

The press release is quoted as saying:

Paragon Minerals Corporation is a Canadian-based mineral exploration company focused on gold, copper, lead, zinc, and silver in eastern Canada.

Click here to access the entire press release [1]

Click here to access Paragon Minerals Corporate Site [2]


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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwirecanada.com/mw/rel_ca.jsp?id=1093600&k=silver

[2] Click here to access Paragon Minerals Corporate Site: http://www.paragonminerals.com/

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