Paramount Gold and Silver Corp.

Parmount Gold and Silver  Corp.

Symbol:                                PZG

Exchange:                            TSX

Shares Outstanding:           88.26 million

Market Capitalization:        128.12 million

Share Price:                         $1.55 CDN (Sept 16, 2009)

Telephone:                           (613) 226-9881 

Website:                               www.paramountgold.com

Great Location, Great Assets, Great Partners

A management team with more than 500 years of combined mining experience. Paramount Gold and Silver Corp. is a precious metals exploration company listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the symbol "PZG", and quoted on the Frankfurt Stock Exchange under the symbol "P6G". The company's primary objective is to aggressively explore and develop the San Miguel project, located in Chihuahua, Mexico within the Sierra Madre Occidental gold/silver belt. The company will also continue to explore additional opportunities through joint ventures and acquisitions.

October 19, 2009 - Project Update-Please view Investor Presentation here.

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