American Paramount Gold Corp. Announces Private Placement Offering

Las Vegas, Nevada--(Newsfile Corp. - November 6, 2017) - American Paramount Gold Corp. (OTC Pink: APGA) today announces a non-brokered private placement offering (the "Offering") of up to 1,000,000 units ("Units") at a price of $0.10 per Unit for gross proceeds of up to $100,000. Each Unit will be comprised of one common share of the Company (a "Share") and one Share purchase warrant. Each warrant (a "Warrant") will entitle the holder to purchase one Share at a price of $0.35 per Share for a period of 12 months from the date the Warrant is issued. The Warrants will be callable, at the option of the Company, at any time after four months following their issuance, in the event that the closing price of the Shares is at or above $0.50 per Share for any five out of 10 consecutive trading days.

Certain persons may assist the Company by introducing potential subscribers for the Offering and, subject to compliance with applicable legislation, will be entitled to receive a finder's fee, payable in cash and share purchase warrants, as permitted by law. The net proceeds of the Offering will be used for general operating, ongoing product development, inventory and sales and marketing related costs. The Offering is subject to receipt of all necessary approvals, including the approval of the Exchange.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. There shall not be any offer, solicitation of an offer to buy, or sale of securities in any state or jurisdiction in which such an offering, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Additional Information:

Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, but not limited to, the amount and use of proceeds the Company expects to receive from the sale of the shares of common stock in the registered direct offering and the warrants and the closing of the transaction described in this press release, which is subject to customary conditions. Forward-looking statements can be identified by the use of words such as "may," "will," "plan," "should," "expect," "anticipate," "estimate," "continue," or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Report on Form 10-K, dated August 31, 2016 and the most recent Quarterly Report on Form 10-Q, dated May 31, 2017. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

Investor Contact:
Ron W. Loudoun, CEO
1.855.462.8882
info@americanparamountgold.net