CALGARY, ALBERTA--(Marketwire - July 4, 2012) - Paramax Resources Ltd. (the "Corporation") (TSX VENTURE:PXM) announces that the TSX Venture Exchange (the "Exchange") has transferred its listing to the NEX board of the Exchange (the "NEX") effective as of the opening of trading on Wednesday July 4, 2012. The Corporation's share symbol will change from PXM to PXM.H. The Corporation continues to review and consider several business opportunities and its transfer to the NEX will not materially impact this strategy. Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.