2nd October 2014

Paragon Resources PLC ("Paragon" or the "Company") (AIM: PAR) Andrew Beveridge Resignation

With effect from 20th September 2014, Andrew Beveridge has resigned as Chief Executive Officer of Paragon Resources PLC, following the announcement on 22nd September 2014 that the company is now solely pursuing a mining strategy and no longer has an agricultural focus.

ENDS For further information, please contact: Paragon Resources PLC

Simon Hunt
(Chairman)
+44 (0)7733 337 755 www.paragon-resources.com

Allenby Capital Limited

(Nominated Adviser and Broker)
Nick Harriss/Jeremy Porter/James Reeve
+44 (0)20 3328 5656 www.allenbycapital.com

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