WINNEMUCCA, NEVADA -- (Marketwire) -- 03/30/12 -- Paramount Gold and Silver Corp. (NYSE Amex: PZG)(TSX: PZG)(FRANKFURT: P6G)(WKN: A0HGKQ) ("Paramount" or the "Company") has closed its previously announced (see news release dated March 28, 2012) non-brokered private placement funding of common stock (the "Transaction"). Paramount has sold 10,417,776 shares of common stock at $2.05 per share, for proceeds of
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