Canadian Zinc and Paragon Minerals are pleased to announce that they have successfully completed the plan of arrangement announced on July 31, 2012 whereby Canadian Zinc has acquired all of the issued and outstanding common shares in the capital of Paragon that it did not already own. The Arrangement was approved by Paragon shareholders on [...]
Paragon Minerals is pleased to announce that at the special meeting of shareholders held today in Vancouver, BC, the shareholders of Paragon have approved the plan of arrangement with Canadian Zinc which was first announced on July 31, 2012. In accordance with the recommendation of the Paragon Board of Directors, the transaction was overwhelmingly [...]
Paragon Minerals reports that the Company has applied to extend the term of the 7,914,500 warrants exercisable at $0.20 per share from December 3 2012 to June 3, 2014. The amendment to the warrants is subject to TSXV approval.
Paragon Minerals is pleased to announce that it has closed the previously announced non-brokered private placement financing with Canadian Zinc. Canadian Zinc has invested $490,000 through the purchase of 7,000,000 Paragon shares priced at $0.07 per share. The shares issued in connection with the financing will be subject to a four month hold [...]
Paragon Minerals is pleased to announce that it has entered into a definitive agreement with Canadian Zinc whereby Canadian Zinc will acquire all of the outstanding common shares of Paragon in exchange for common shares of Canadian Zinc by way of a statutory plan of arrangement. The Arrangement is subject to approval by the Paragon shareholders [...]
Paragon Minerals is pleased to announce the signing of a Joint Venture option agreement with Northern Skye Resources for Paragon's 100%-owned JBP Linear Gold Project. The JBP Linear project is located near Gander, Newfoundland and consists of 8 contiguous mineral licenses (302 claims) covering 7,550 hectares. Exploration by Paragon has documented a [...]
Paragon Minerals is pleased to announce that it has filed on SEDAR (www.sedar.com), a National Instrument 43-101 Technical Report entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Lemarchant Deposit, South Tally Pond VMS Project, central Newfoundland, Canada" and dated March 2. The Technical Report is with respect to [...]
Paragon Minerals Corporation wishes to report that the Company has applied to extend the term of the 1,428,772 warrants exercisable at $0.24 per share from February 17, 2012 to August 17, 2013. The amendment to the warrants is subject to TSXV approval.
Paragon is pleased to report the first National Instrument 43-101-compliant Mineral Resource Estimate for the Lemarchant volcanogenic massive sulphide deposit on its 100%-controlled South Tally Pond project in central Newfoundland. The Lemarchant Deposit is located 20 kilometres southwest of the producing Duck Pond Cu-Zn Mine/Mill complex operated [...]
Paragon Minerals is pleased to report results of the 2011 November drill program completed by exploration partner, Golden Dory Resources on the Huxter Lane Joint Venture Project in central Newfoundland. Golden Dory is the project operator and can earn up to a 70% interest in the Huxter Lane project by completing a positive feasibility study on the [...]
Paragon Minerals wishes to advise that Paragon's management is unaware of any material change in Paragon's operations that would account for the recent increase in market activity. Paragon Minerals Corporation is a Canadian-based mineral exploration company focused on gold and base-metal exploration in Newfoundland and Ontario. Paragon's flagship [...]
Paragon is pleased to report results of a four week geological mapping, prospecting and sampling program at its 100%-controlled Gold Star project in northwest Ontario. A total of 311 rock samples were collected and analyzed for gold. In addition, fourteen new claims (2,064 hectares) covering three key gold occurrences were added to the Gold Star [...]