Memorandum March 9, 2009 Agreement between FCMI Financial Corporation (“FCMI”) Rudi Fronk (“Rudi”) Jim Anthony (“Jim”) Re: Investment in Paramount Gold & Silver by FCMI Financial Corporation Each of Rudi and Jim will have a 7.5% profit participation...Paramount Gold & Silver Corp. • May 28th, 2009 • Metal mining
Company FiledMay 28th, 2009 IndustryThe profit participation will only be calculated based on gains realized by FCMI on disposition of investment in Paramount. The investments in Paramount will include the shares acquired on the subscription for the 12,000,000 shares and the exercise of the warrants.