Paramount out with news, peaks for year

Paramount Resources Ltd.(T.POU) hit a new 52-week high of $39.75 Monday. Paramount Resources is pleased to announce the reorganization of all of the Company's oil sands and carbonate bitumen interests into a new wholly-owned subsidiary, Pixar Petroleum Corp.

The reorganization is being undertaken to create a focused, self-funding oil sands entity in order to accelerate the development of Paramount's bitumen interests.

Pembina Pipeline Corporation (T.PPL) hit a new 52-week high of $29.41 Monday. No news announcements today.

Mediagrif Interactive Technologies Inc. (T.MDF) hit a new 52-week high of $16.00 Monday. No news announcements today

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