Subject to the conditions described below, Paramount stockholders of record at the close of business on April 14, 2015 will be entitled receive one share of common stock of SpinCo for every twenty shares of Paramount common stock held by such stockholder, payable upon the closing of the previously announced merger (the "merger") of Paramount with and into a subsidiary of Coeur Mining, Inc. ("Coeur") ( CDE ). No fractional shares of common stock of SpinCo will be distributed. Stockholders will receive cash, without interest, in lieu of any fractional shares of common stock of SpinCo that would have been received after application of this ratio.