Paradigm Resource Management Corporation Announces Definitive Agreement To
Acquire Majority Rights Of Toss Plasma Technologies Ltd.
SAN FRANCISCO, Dec. 6, 2013
SAN FRANCISCO, Dec. 6, 2013 /PRNewswire/ -- Paradigm Resource Management
Corporation (OCTQB: PRDC) (the "Company" or "Paradigm") announced today that
it signed an Amendment to the original Acquisition Agreement, filed on July
24^th, 2013, which now enables Paradigm the option to control Toss Plasma
Technologies Ltd. ("TPT").
TPT utilizes Radio Frequency (RF) Plasma technology to improve precious metals
yields in the extraction process from complex ores. In addition to cost
effectively increasing efficiencies and yields; the process is more
environmentally friendly then current industry standards.
Ted Ozaki, Paradigm's CEO noted "Since our initial transaction in July 2013,
we have experienced an astonishing level of interest from a wide range of
mining companies, as such our ability to gain controlling ownership in TPT was
an major accomplishment advancing the Company's business model.Paradigm is
now positioned to become a pioneer with a game changing technology capable of
extracting precious metals from complex mining ores that are commonly found in
many different locations world-wide, this improves the Company's ability to
attract new potential institutional and individual investors."
"Our Yamagata processing plant in Northern Japan has been very busy running
sample assay tests for interested mining companies. We are now negotiating
with several interested parties potential joint venture or licensing
agreement" said Mr. Ozaki.
With this Amendment, Paradigm may now retain control of TPT's technology. For
more information please refer to our 8K filing dated December 5^th, 2013.
About Paradigm Resource Management Corporation
Paradigm Resource Management Corporation is a U.S. OTCQB investment company
under the ticker symbol of PRDC. The Company aims to become a platform for
international investors to invest in the development and operations of
companies within the mining industry with special focus on new technology and
applied materials. For further information, please go to
About Toss Plasma Technologies Ltd.
TPT developed a breakthrough technology and processing system, using
ultra-temperature radio frequency plasma torch, to extract latent precious
metals from certain types of complex ores. For further information, please go
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
Tony Heo, Vice President - Business Development, 1 (650) 577-5933
SOURCE Paradigm Resource Management Corporation
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