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28.04.2010 12:15:00

American Paramount Gold Corp. Announces the Appointment of Mr. John Goodwin to the Board of Directors

American Paramount Gold Corp. (OTCBB: APGA) (americanparamountgold.com) (the "Company”) announced today the appointment of Mr. John Goodwin to the Board of Directors.

Mr. Goodwin has 20 years of international exploration and mining industry experience, is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA), and is a "qualified person" under National Instrument 43-101. Mr. Goodwin is presently the Project Geologist for Solid Resources Ltd. and more recently prepared a qualifying report on the Alberta 1 rare element pegmatite property in Spain.

"It is my pleasure to welcome John Goodwin to our Board of Directors,” stated Wayne Parsons, CEO of American Paramount Gold. "John will be an important resource for us as we move forward in evaluating potential property acquisitions and in implementing effective drill programs, I look forward to working with him.”

About American Paramount Gold Corp.

American Paramount Gold Corporation is a junior precious metals company exploring actively in Nevada, USA. The company’s key asset is the large Cap-gold project located near the Walker Lane Structural Belt. This region has generated a number of successful mines including the historic Comstock Lode District. American Paramount Gold is managed by a geological team with substantial experience and expertise in the region. The company is an early stage mineral Exploration Company engaged in evaluating, developing and acquiring gold projects, with a focus on mining friendly jurisdictions of the United States.

Forward-Looking Statements

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of gold prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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