July 21 (Reuters) - Paramount Gold and Silver Corp:
* Paramount Gold And Silver Corp and Klondex Mines Ltd say
have entered to combine the two companies in C$80 million transaction
* Says each Klondex share will be exchanged for 1.45 Paramount shares, implying
a purchase price of C$2.32 per Klondex share
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Paramount Gold and Silver Corp click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Paramount Gold And Silver Corp and Klondex Mines Ltd say
have entered to combine the two companies in C$80 million transaction
* Says each Klondex share will be exchanged for 1.45 Paramount shares, implying
a purchase price of C$2.32 per Klondex share
((New York Equities Desk; tel: +1 646 223 6000))
(For more news about Paramount Gold and Silver Corp click here:) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.