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Paramount Resources Ltd.

09:49 AM EST - Paramount Resources Ltd. : Announces that it sold 6,000,000 common shares of NuVista Energy Ltd. on April 11, by means of a block trade through the facilities of the TSX. Paramount received $12.50 per NuVista Share for aggregate cash consideration of $75,000,000. Paramount Resources Ltd. shares T.POU are trading up $0.39 at $30.50.