News: PCP Paramount Mining corp says unit enters into unsecured convertible Drawdown Facility...

Jan 29 (Reuters) - Paramount Mining Corporation Ltd (PCP) :

• Gunung rosa advances with finance facility (PCP)
• Paramount mining corporation - subsidiary paramindo Singapore entered

  unsecured three-year convertible drawdown facility agreement

• Enable US to resume drilling to upgrade the jorc resource"
• Says facility agreement of USD3 million
• Paramount mining corp - facility will fund critical stages in development of

  the gunung rosa gold, silver and base metal project in west java, Indonesia,

• Says maturity date is 3 years from the date of the facility agreement