09:49 AM EST - Paramount Gold and Silver Corp. : announced the pricing of its previously announced public offering of 16 million shares of its common stock. The offering is expected to close on October 15, 2009. The Company has agreed to sell the shares at a price of $1.25 U.S. per share and has granted the underwriters a 30-day option to purchase up to 2.4 million additional shares of common stock to cover over-allotments, if any. Paramount Gold and Silver Corp.
shares T.PZG are trading down $0.12 at $1.31.
