BUY Paramount Gold and Silver Corp. (AMEX:PZG – News)(TSX:PZG – News)(Frankfurt:P6G – News) – last $1.17. PZG  closed  its public offering of 16 million shares of its common stock at $1.25 per share. In addition, due to overwhelming demand the underwriters also exercised all of its overallotment of 2.4 million shares generating net proceeds of approximately $ 21.7 million. There are no warrants issued in connection with this financing.Paramount intends to use the net proceeds to aggressively explore the San Miguel project and area and further consider acquisition of new precious metals projects. Christopher Crupi, CEO, commented, “We are extremely excited about new target testing on the recently acquired claims in the areas surrounding the San Miguel Project. We will also continue to look for new gold projects in favorable jurisdictions.” FCMI Financial Corporation, a Toronto based corporation controlled by Albert D. Friedberg and the Company’s largest stockholder, purchased 4 million shares of common stock in the offering. The offering was made by way of an effective registration statement, a base shelf prospectus and a final prospectus supplement, each of which has been filed with the Securities Exchange Commission (SEC) and the Ontario Securities Commission. A copy of the final prospectus supplement including the base prospectus relating to the offering may be obtained by accessing the SEC website, www.sec.gov, and in Canada (SEDAR), at www.sedar.com, or by contacting the underwriters, in the United States, c/o Dahlman Rose & Company LLC, Attn: Prospectus Dept., 142 West 57th Street – 18th Floor, New York, NY 10019, phone: 212-702-4521, fax: 212-920-2945, and in Canada, c/o Blackmont Capital Inc., Attn: Equity Capital Markets, 900 – 181 Bay Street, Toronto, Ontario, M5J 2T3, phone: 416-864-2082, fax: 416-864-9151. No SPM+Game Theory rating with EXIT POINT $3.05.