Para Resources Inc.

10.65

Canada & British Columbia Vancouver

450-1090 Georgia Street

+1 604 259-0302

pararesourcesinc.com

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Company Press Releases

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

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 million via a Prepaid Forward Gold Purchase Agreement (the "Purchase Agreement"). This Letter of Intent sets out indicative terms on which Pandion or any of its designated affiliates proposes, subject to certain terms and conditions, to enter into a definitive Purchase Agreement for an aggregate upfron...

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

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 Insider of the Company, whereby all outstanding loans and accrued interest, previously made to Para and to its subsidiary Gold Road Mining Corp. (or other subsidiaries), are being re-structured into a five-year Convertible, Subordinated Note. Subject to the approval of the TSX Venture Exchange, the Terms...

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

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. Under all three tranches, the Company has issued 18,649,000 Common Shares and 18,649,000 share purchase warrants (each a "Warrant"). Each Warrant entitles the holder to acquire one common share of the Company for a period of 3 years at a price of C$0.30, subject to an accelerated expiry if the clo...

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