Paramount Resources Ltd. Completes Acquisition of MGM Energy Corp.

Paramount Resources Ltd. Completes Acquisition of MGM Energy Corp. 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Paramount Resources Ltd. 
TSX SYMBOL:  POU 
and MGM Energy Corp. 
TSX SYMBOL:  MGX 
JUNE 11, 2014 
Paramount Resources Ltd. Completes Acquisition of MGM Energy Corp. 
CALGARY, ALBERTA--(Marketwired - June 11, 2014) - Paramount Resources Ltd.
(TSX:POU) and MGM Energy Corp. (TSX:MGX) announced today that Paramount has
completed the acquisition of all of the outstanding common shares of MGM Energy
not owned by it pursuant to an arrangement under the Business Corporations Act
(Alberta). Paramount issued 1,127,790 Class A Common Shares in connection with
the transaction. The common shares of MGM Energy are expected to be delisted
from the Toronto Stock Exchange within two or three trading days. 
Paramount is a Canadian oil and natural gas exploration, development and
production company with operations focused in Western Canada. Paramount's
Class A Common Shares are listed on the Toronto Stock Exchange under the symbol
"POU". 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Paramount Resources Ltd.
J.H.T. (Jim) Riddell
President and Chief Operating Officer
(403) 290-3600
or
Paramount Resources Ltd.
B.K. (Bernie) Lee
Chief Financial Officer
(403) 290-3600
(403) 262-7994 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  TMN 
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-0- Jun/11/2014 22:41 GMT
 
 
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