American Stock Exchange Lists the Common Stock of Paramount Gold Mining Corp.

NEW YORK, Aug. 1 /PRNewswire/ -- The American Stock Exchange(R)(Amex(R)) today lists the common stock of Paramount Gold Mining Corp. underthe ticker symbol PZG. Paramount Gold Mining Corp. is a precious metals exploration companywith a focus on gold and silver. Its principal project is the San Miguelgroupings in the Sierra Madre gold/silver belt in Mexico. Paramount alsomaintains an exploration team in South America and is party to the AndeanGold Alliance with Teck Cominco Ltd. "We proudly welcome Paramount Gold Mining Corp. to the American StockExchange," said John McGonegal, Senior Vice President of Amex EquitiesGroup. " Paramount joins other leaders in the mining sector and we lookforward to continuing to enhance the success of the industry." Christopher Crupi, Chief Executive Officer of Paramount Gold MiningCorp. said, "Our listing on the Amex is an important milestone in thedevelopment of Paramount Gold. We are honored to be among the smallselected group of metals and mining companies listed on the Amex andbelieve this will provide our shareholders with greater liquidity, allowingbetter access for US and Canadian investors to participate in our extensiveexploration program at our San Miguel silver and gold project in Mexico." The specialist in Paramount Gold Mining Corp. will be AGS SpecialistPartners. For further information on PZG and other Amex-listed companies,please visit http://www.amex.com. About American Stock Exchange The American Stock Exchange(R) (Amex(R)) offers trading across a fullrange of equities, options and exchange traded funds (ETFs), includingstructured products and HOLDRS(SM). In addition to its role as a nationalequities market, the Amex is the pioneer of the ETF, responsible forbringing the first domestic product to market in 1993. Leading the industryin ETF listings, the Amex lists 336 ETFs to date. The Amex is also one ofthe largest options exchanges in the U.S., trading options on broad-basedand sector indexes as well as domestic and foreign stocks. For moreinformation, please visit http://www.amex.com