10:01 AM EST - Para Resources Inc. : Announced that three formalization agreements have been approved by the government of Antioquia in Colombia, paving the way for the implementation of legal and responsible small-scale mining operations on the company held Zara concessions. Of the three contracts, two for underground operations including the Alacran and Diamantina mines. Production from the mines will be sent, starting immediately, to the the Company's El Limon plant. The third contract is for alluvial mining and carries a 10% NSR royalty. Para Resources Inc.
shares V.PBR are trading up $0.005 at $0.20.
