Paramount Gold and Silver Corp. listing with Deutsche Borse

Monday, 04. May 2009 09:00
OTTAWA, ONTARIO--(Marketwire - May 04, 2009) - Paramount Gold and
Silver Corp. (NYSE Amex: PZG)(TSX: PZG)(Frankfurt: P6G)(WKN: A0HGKQ)
advises that its common shares will be listed for trading on the
Frankfurt Stock Exchange within the Open Market (Entry Standard)
effective today. F.I.B Frankfurter Investmentbank AG acted as
applicant to the exchange on behalf of Paramount.

Christopher Crupi, CEO of Paramount commented, "The listing of our
shares for trading with the Deutsche Borse will provide our European
investors access to our common shares for purchase on a regulated
market in Euros. Paramount took the step of obtaining the listing as
it has many resident European shareholders and will now be one of the
precious metals companies trading on the Deutsche Borse."

Paramount Gold and Silver Corp.
Investor Relations
Chris Theodossiou

This announcement was originally distributed by Hugin. The issuer is
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