Paradigm Resource Closes Investment in Provider of Breakthrough Technology for the Extraction & Recovery of Latent Precious

Paradigm Resource Closes Investment in Provider of Breakthrough Technology for
    the Extraction & Recovery of Latent Precious Metals from Complex Ores

PR Newswire

SAN FRANCISCO, Aug. 20, 2013

SAN FRANCISCO, Aug. 20, 2013 /PRNewswire/ -- Paradigm Resource Management
Corporation ("Paradigm Resource" or the "Company"; OTCBB: PRDC) today
announced that it has completed the previously announced strategic investment
in TOSS Plasma Technologies Limited ("TPT") by way of issuing new shares of
the Company.

Founded in 2003, TPT has developed a breakthrough technology and processing
system, using ultra-temperature (between 8,000 degrees Celsiusto 12,000
degrees Celsius) radio frequency plasma torch, to extract latent precious
metals from certain types of complex ores. TPT is headquartered in Tokyo with
a pilot plant and research center based in Yamagata prefecture in Japan. TPT's
target market is a traditional industry with an abundance of complex ores
containing "latent" precious metals that have not been exploited due to
technical limitation of available minerals processing technologies. The RF
Plasma technology provides the technical breakthrough that has been validated
by the phenomenal post-processing assay results on recovered precious metals
from select complex ores.


The transaction was carried out by way of a Stock Purchase and Exchange
Agreement between AMSA Development Technology Co. Ltd. dated July 24, 2013
(the "Agreement"), whereby the Company will issue 80,700,000 common shares in
exchange for 804,600 shares, or 30%, of the outstanding common stock of TPT.
The implementation of this transaction shall be subject to approval by at
least 66 2/3% of the votes cast at a special meeting of Paradigm Resource
shareholders. Pursuant to the terms of the Agreement, the transaction is also
subject to applicable regulatory approvals and the satisfaction of certain
conditions customary in transactions of this nature. The Agreement also
provides for, among other things, appointment of Mr. Takanori Ted Ozaki
(currently TPT Founder and President) as the Company's new Chief Executive
Officer, non-solicitation covenants as well as the Company's option to
repurchase up to 44,833,333 shares from TPT either in the form of cash or
common shares.


In connection with the Agreement, Paradigm Resource has appointed a new Chief
Executive Officer and a new VP of Business Development, whom were approved at
a special meeting of Paradigm Resource shareholders held on July 31, 2013:

Takanori "Ted" Ozaki, Chief Executive Officer

Takanori Ted Ozaki is appointed as the new Chief Executive Officer of Paradigm
Resource. In 2003, Mr. Ozaki founded TOSS RF Plasma Corporation (currently
Toss Plasma Technology Co. Ltd.) and has since dedicated his career in the
development and commercialization of a proprietary technology and processing
system, using radio frequency plasma techniques, to extract precious metals
from certain types of complex ores. Prior to founding TPT, Mr. Ozaki held
various management positions with multinational companies in the metals and
mining industry, including as Executive Vice President of Sumitomo Metals
Corporation (California). Mr. Ozaki received his B.S. of Politics and Economic
Science from Waseda University (Tokyo).

Tony Heo, VP of Business Development

Tony Heo is appointed as the new VP of Business Development of Paradigm
Resource. Mr. Heo has extensive US and international experience in the
incubation, startup, and growth of high technology companies encompassing
computers, data communication networks, environmental waste management, and
consulting engineering. He also has extensive marketing knowledge and business
development experience in the Greater China region (Hong Kong, mainland China,
and Taiwan). Mr. Heo is currently a director of AMSA Technology Development
Co. Ltd. (parent company of TPT) and has been dedicated to TPT's business
development activities since 2011. Mr. Heo holds a B.S. in Engineering Science
(Mathematics) from the University of California, Berkeley.


In the interest of aligning the Company's presence with its strategic focus in
the Pacific Rim, Paradigm Resource is relocating its headquarter office to the
following address in U.S. West Coast: 1900 South Norfolk Street #350, San
Mateo, California 94403 U.S.A, Tel: +1 (650) 577-5933,

"Mr. Ozaki has an impressive track record holding executive positions with
many international companies and has in-depth knowledge and experience in the
mining sector. We are confident that with his leadership we can take Paradigm
Resource to a whole new level," says Robert M. Price who is relieved from his
current position as Chief Executive Officer/Interim Chief Financial Officer
and will remain solely as an executive director. "With the addition of Mr.
Ozaki and his TPT team, we are committed to the successful development of
TPT's cutting-edge technology throughout the global mining industry."

According to Mr. Ozaki, "Since the previous announcement of our strategic
investment in TPT, we have received an increasing number of inquiries
regarding our technology and are truly excited to continue discussions with
potential business partners and investors who will be instrumental in creating
a paradigm shift in the industry."

The board of directors of Paradigm Resource after consultation with its
financial and legal advisors, has unanimously determined that the proposed
transaction is in the best interests of the Company and is fair to Paradigm
Resource' shareholders and will recommend that the Company's shareholders vote
in favor of the transaction. Copies of the Agreement and certain related
documents will be filed with the U.S. Securities and Exchange Commission (the
"SEC") and will be available on the SEC's website at

About Paradigm Resource Management Corporation

Paradigm Resource Management Corporation (OTCBB: PRDC), is a publicly traded
U.S. mining and natural resource management company headquartered in
Rockville, Maryland. The Company is currently pursuing opportunities for
acquisition targets in mining and natural resources with a focus on new
technology and applied materials. Paradigm Resource's commitment to asset
growth and increased shareholder value will be sustained by the development of
highly prospective projects and acquisition of viable resources.

Forward-Looking Statements: Except for statements of historical fact, this
news release contains certain "forward-looking statements" as defined by the
Private Securities Litigation Reform Act of 1995, including, without
limitation expectations, beliefs, plans and objectives regarding the
development, use and marketability of products. Such forward-looking
statements are based on present circumstances and on Paradigm Resource
Management Corporation predictions with respect to events that have not
occurred, that may not occur, or that may occur with different consequences
and timing than those now assumed or anticipated. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors,
and are not guarantees of future performance or results and involve risks and
uncertainties that could cause actual events or results to differ materially
from the events or results expressed or implied by such forward-looking
statements. Such factors include general economic and business conditions,
changes in metal prices, the ability to successfully fund any exploration
activities, consumer and business consumption habits, the ability to fund
operations and other factors over which Paradigm Resource Management
Corporation has little or no control. Such forward-looking statements are made
only as of the date of this release, and Paradigm Resource Management
Corporation assumes no obligation to update forward-looking statements to
reflect subsequent events or circumstances. Readers should not place undue
reliance on these forward-looking statements. Risks, uncertainties and other
factors are discussed in Paradigm Resource Management Corporation Form 10-K
for its fiscal year ended December 31, and other documents filed from time to
time by Paradigm Resource Management Corporation with the Securities and
Exchange Commission.


Tony Heo
VP of Business Development

Robert M. Price

SOURCE Paradigm Resource Management Corporation

Press spacebar to pause and continue. Press esc to stop.