Company Press Releases

Para Provides a Corporate Update

2018-09-06 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - September 6, 2018) - Para Resources Inc. (TSXV: PBR) (FSE: 8PR) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to provide the following updates to the current operations:El Limon Mine, Zaragoza, ColombiaThe rehabilitation and construction of the...Read More

CORRECTION FROM SOURCE: Para Provides a Corporate Update

2018-09-06 / @newsfile

This document corrects and replaces the press release that was issued by Para Resources Inc. (the "Company" or "Para"), today, September 6, 2018 at 6:15AM EST. The error occurred in the 7th bullet point under the Gold Road Mine, Oatman Arizona sub-header, where it should have read "Q4 2018" instead...Read More

Para Closes C$18.8 Million (US $14.45 Million) Pre-Paid Forward Gold Purchase Financing with PPG Arizona Holdings LP

2018-08-14 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - August 14, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it, along with its subsidiaries, Z79 Gold (USA) Corp. and Gold Road Mining Corp. has entered into a pre-paid forward...Read More

Para Announces US $16.6 Million Letter of Intent with Pandion Mine Finance, LP

2018-07-17 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - July 17, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has signed a non-binding Letter of Intent with Pandion Mine Finance, LP ("Pandion") for a financing of US $16.6 mil...Read More

Para Announces Restructuring of Shareholders' Loans into a 5 Year Convertible Subordinated Note

2018-07-11 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2018) - Para Resources Inc.  (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has signed a Term Sheet with Conex Services Inc. and Conterra Construction, Inc., both controlled by an Insid...Read More

Para Announces Closing of $3,729,800 Private Placement

2018-07-10 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - July 10, 2018) - Para Resources Inc.  (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has closed the Private Placement announced on May 24, 2018 in a third tranche of $315,000 or 1,575,000 units....Read More

Para Announces Closing of $605,000 in Second Tranche Private Placement

2018-06-29 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has closed $605,000 in the second tranche of the previously announced Private Placement of Units. The Company has i...Read More

Para Releases Request for Proposals for Contract Mining at Gold Road Mine in Arizona

2018-06-20 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - June 20, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that Requests for Proposal ("RFP") have been sent out to seven qualified contract mining bidders for the mining contract at...Read More

Para Announces First Closing of $2.81 Million in First Tranche Private Placement

2018-06-05 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has closed $2.81 million in the first tranche of the previously announced Private Placement of Units. The Compa...Read More

Para Resources Announces Government Approval of First Formalization Agreements for Small Miners in Zara Concessions

2018-05-31 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - May 31, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that three formalization agreements have been approved by the government of Antioquia in Colombia, paving the way...Read More

Para Resources Announces El Limn Near Mine Drilling Results at Casino Afuera Sector

2018-05-29 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce its near mine drilling program ended in January 2018 and assays were delivered only in April 2018 by the laboratory.As repor...Read More

Para Resources Announces $6,400,000 Non-Brokered Private Placement

2018-05-24 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - May 24, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has arranged a non-brokered private placement (the "Private Placement") for total gross proceeds of up to C$6,400,00...Read More

Para Appoints Javier Cordova Unda, Former Minister of Mines for Ecuador, as Special Advisor for Business Development

2018-05-10 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - May 10, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF") (the "Company" or "Para") is pleased to announce that Javier F. Cordova Unda, until recently the Minister of Mines for Ecuador, has been appointed as Special Advisor for Bu...Read More

Para Resources Announces Positive Preliminary Economic Assessment for the Gold Road Mine

2018-05-01 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2018) - Para Resources Inc. (the "Company" or "Para") (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF") is pleased to announce the results of an independent Preliminary Economic Assessment study ("PEA") under National Instrument 43-101 ("NI 43-101") b...Read More

Update NI 43-101 Technical Report on Optioned Claims Covering the Tr-Ue Vein Adjacent to the Gold Road Mine

2018-04-11 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that an NI 43-101 Technical Report entitled "2018 Technical Report on the Oatman Gold District Properties" dated April 10,...Read More

Para Provides Update on February 2018 Production at El Limon Mine

2018-03-20 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to provide an update on the production ramp up and results for the month of February 2018 at the El Limon Mine in Zaragoza, Colombia,...Read More

Para Provides Update on Gold Road Mine

2018-03-13 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - March 13, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that is has successfully completed the dewatering of its 88% owned Gold Road underground mine in Arizona.  Compl...Read More

Para Announces Grant of Incentive Stock Options

2018-02-23 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - February 23, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") announces, subject to regulatory approval, the grant of a total of 2,000,000 stock options to a director of the Company to purchase common sha...Read More

Para Resources Files Revised NI 43-101 Technical Report for the Gold Road Mine

2018-02-16 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - February 16, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") announces that following comments and requests for clarification by the British Columbia Securities Commission (BCSC), a revised NI 43-101 Tec...Read More

Para Resources Announces Close of Over-Subscribed Private Placement - $1.6M Raised

2018-02-15 / @newsfile

Vancouver, British Columbia--(Newsfile Corp. - February 15, 2018) - Para Resources Inc. (TSXV: PBR) (WKN: A14YF1) (OTC Pink: PRSRF) (the "Company" or "Para") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement") for total gross proceeds of $1,557,160....Read More