10 January 2014

Paragon Resources PLC ("Paragon" or the "Company") (AIM: PAR) Holding in Company

The Company has today been informed that following a purchase of 800,000 ordinary shares of
0.005p each ("Ordinary Shares") today, Ryan Rooney now holds 13,177,177 Ordinary Shares, equivalent to 3.02% of the issued Ordinary Share capital of the Company.

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

distributed by