American Paramount Gold Corp. Appoints Former Vice-Chairman of Merrill Lynch Canada, Mr. Hugh Aird, to Its Board of Directors

RENO, Nev.--(BUSINESS WIRE)--American Paramount Gold Corp. (OTCBB: APGA ) (americanparamountgold.com) (the “Company”) announced today the appointment of Mr. Hugh Aird to its Board of Directors.

“We could not be more pleased with Mr. Aird’s decision to join our American Paramount Gold’s Board”

Mr. Aird, former Vice-Chairman of Merrill Lynch Canada has joined American Paramount Gold’s Board of Directors, will bring his merger and acquisitions expertise to the company. Since attending Harvard University, over the past 25 years Mr. Aird has held numerous top level executive positions thru out the financial services industry as well as having served on a number of public corporate boards. Mr. Aird will work closely with American Paramount Gold’s management team and the board of directors to help develop and execute the company's growth strategy. “I am excited to be involved with such an accomplished group and look forward to helping in any way I can,” stated Mr. Aird. “American Paramount Gold, through its recent acquisition of the Capgold project in the Walker Lane Structural Belt (Nevada), is uniquely positioned to take advantage of recent technological advances and the steady price appreciation of gold. We plan to proceed with the development of the project towards production - and having at hand an excellent team and the resources to succeed.”

"We could not be more pleased with Mr. Aird’s decision to join our American Paramount Gold’s Board,” said J. Trevor Eyton OC, Chairman of the Board for American Paramount Gold. "Hugh’s tremendous Business Development, Merger and Acquisitions and Investment Banking experience will be instrumental in insuring the company’s success."

About American Paramount Gold Corp.:

American Paramount Gold Corporation is a junior precious metals company exploring actively in Nevada, USA. The company’s key asset is the large Capgold project located in the Walker Lane Structural Belt. This region has generated a number of successful mines including Paradise Peak and the historic Comstock Lode District. American Paramount Gold is managed by a geological team with substantial experience and expertise in the region. The company is an early stage mineral Exploration Company engaged in evaluating, developing and acquiring gold projects, with a focus on mining friendly jurisdictions of the United States.

Forward-Looking Statements

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of gold prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.