Mr. Christopher Crupi reports

PARAMOUNT CONFIRMS SPECIAL MEETING OF STOCKHOLDERS WILL BE HELD ON APRIL 17, 2015 AND RECEIPT OF LETTER FROM NYSE REGARDING LACK OF TIMELY NOTICE OF RECORD DATE

Paramount Gold and Silver Corp. has confirmed that its previously announced special meeting of its stockholders will be held on April 17, 2015, beginning at 10 a.m. ET, at the Westin Hotel, 321 North Fort Lauderdale Beach Blvd., Fort Lauderdale, Fla., for stockholders of record as of the close of business on Feb. 24, 2015. At the special meeting, the company's stockholders will meet to consider and vote on the previously announced proposed transaction with Coeur Mining Inc. and related proposals.

On March 25, 2015, Paramount received a letter from NYSE Regulation, indicating that the NYSE MKT LLC had concluded that the company failed to provide timely notification to the NYSE MKT of the record date for the company's upcoming special meeting of stockholders at least 10 days prior to such record date, as required by NYSE MKT Company Guide Section 703. In determining to issue a warning letter to the company, the NYSE MKT stated that it took into consideration that this was the first time the company failed to satisfy the notice requirements of Section 703 of the NYSE MKT Company Guide.

The company views this failure to notify the NYSE MKT as unintentional, and believes it has been and is in compliance with all other NYSE MKT listing standards and rules applicable to it.

Concurrently with the issuance of this press release, Paramount is filing a current report on Form 8-K with the Securities and Exchange Commission (SEC) related to this matter.

We seek Safe Harbor.