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Para Resources Announces Close of First Tranche of Private Placement of Units

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2017) -

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES

Para Resources Inc. (the "Company" or "Para") (TSX VENTURE:PBR)(WKN:A14YF1)(OTC PINK:PRSRF) is pleased to announce that it has closed the first tranche of its non-brokered private placement (the "Private Placement") for total gross proceeds of $1,9

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