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PARAMOUNT GOLD AND SILVER CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Coeur Mining, Inc.Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Paramount Gold and Silver Corp. ("Paramount") (NYSE MKT: PZG) concerning the sale to Coeur Mining, Inc. (NYSE:CDE). Under the terms of the agreement, Paramount shareholders will receive 0.2016 shares of CDE for each Paramount share owned. Based on the closing price of CDE before the deal was announced, the consideration for Paramount shareholders is valued at approximately $0.90. This consideration is significantly ower than the 52-week high of $1.48. Shareholders will also receive a pro rate portion of shares of Spinco, Paramount's newly formed company which is expected to apply for listing on NYSE MKT or the Toronto Stock Exchange. If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at [email protected], or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at [email protected]. There is no cost or fee to you. The investigation centers on whether Paramount's Board of Directors is acting in the shareholders' best interests, whether the board considered alternatives to the acquisition, and whether the board has employed an adequate process to review and act on the proposed transaction. The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters. Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
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