Paradigm Resource Management Corporation (OTCPK:PRDC) signed a memorandum of understanding to acquire 30% stake in TOSS Plasma Technologies Limited from AMSA Development Technology Co. Ltd. in stock on July 17, 2013. Under the terms of deal, Paradigm Resource Management will issue as consideration new shares that will represent 20% of its share capital. Ozaki will be replacing David M. Price as the new Chief Executive Officer of Paradigm Resource. The transaction is expected to close on or before July 31, 2013.

Paradigm Resource Management Corporation (OTCPK:PRDC) completed the acquisition of 30% stake in TOSS Plasma Technologies Limited from AMSA Development Technology Co. Ltd. for $6.9 million in stock on July 24, 2013. On July 24, 2013, Paradigm Resource Management Corporation (OTCPK:PRDC) signed a definitive agreement to acquire TOSS Plasma Technologies Limit. At completion 0.44 million shares of Toss Plasma will be transferred. As part of the consideration Paradigm Resource Management will issue 80.7 million shares for the acquisition of 1.2 million shares. Out of the total consideration 35.87 shares will be transferred at the completion. Paradigm Resource Management and AMSA Development Technology entered into put option agreement as for the 0.44 million shares of TOSS Plasma Technologies and 80.7 million shares of consideration within 180 days of from completion. The transaction was subject to due diligence, shareholder approval of Paradigm Resource Management Corporation and regulatory approval. As of December 4, 2013, Paradigm Resource entered into an amended agreement with AMSA Development Technology allowing increased option rights to acquire shares in the Paradigm and of Toss Plasma Technologies Ltd. Under this amendment, Paradigm have the right to acquire a total of approximately 3.4 million shares or 86% of the common shares of TOSS Plasma held by AMSA Development, Whereas AMSA Development now have the option to purchase approximately 230 million common shares or 64% of Paradigm Resource. Law Offices of David E Price acted as legal advisor for Paradigm Resource Management Corporation.