UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of
The
Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): October 15, 2009
PARAMOUNT
GOLD AND SILVER CORP.
(Exact
name of registrant as specified in its charter)
|
Delaware
(State
or other jurisdiction of incorporation)
|
001-33630
(Commission
File Number)
|
20-3690109
(IRS
Employer Identification No.)
|
346
Waverley Street, Suite 110
Ottawa,
ON Canada
K2P 0W5
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (613) 226-9881
N/A
(Former
name or former address, if changed since last report.)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act.
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act.
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act.
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act.
Item
7.01. Regulation FD Disclosure.
On October 15, 2009, Paramount Gold and
Silver Corp. (“Paramount” or the “Company”) issued a press release announcing
the closing of its previously announced underwritten public offering (the
“Offering”) by Paramount of 18,400,000 shares of its common stock, $0.001 par
value per share. The shares were offered to the public at $1.25 per
share less a discount to the underwriters for fees and costs representing 5.6%
of gross proceedings. The Offering was made under Paramount’s shelf
registration statement on Form S-3 (Registration No. 333-153104), including a
base prospectus dated January 8, 2009, as supplemented by prospectus supplements
dated October 5, 2009 and October 9, 2009. The Company intends to use
the net proceeds from the Offering for (i) exploration of the San Miguel area,
(ii) acquisition and exploration of new precious metals projects and (iii)
general corporate purposes. A copy of the press release is attached
to this report as Exhibit 99.1. The information set forth herein and in the
press release is deemed to be “furnished” and shall not be deemed “filed” for
purposes of the Securities Exchange Act of 1934, as amended. The information set
forth in Item 7.01 of this report shall not be deemed an admission as to the
materiality of any information in this report on Form 8-K that is required to be
disclosed solely to satisfy the requirements of Regulation FD.
Item
9.01. Financial Statements and
Exhibits.
| |
Exhibit
No.
|
Description |
| |
|
|
|
|
99.1
|
Press
Release dated October 15, 2009
|
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
| |
PARAMOUNT GOLD AND
SILVER CORP. |
|
| |
|
|
|
|
Date:
October 15, 2009
|
By:
|
/s/ Christopher
Crupi |
|
| |
|
Christopher
Crupi |
|
| |
|
President
and Chief Executive Officer |
|
| |
|
|
|
EXHIBIT
INDEX
|
EXHIBIT
NO.
|
DESCRIPTION
|
| |
|
|
99.1
|
Press Release dated October 15,
2009 |