Paradigm Gold Extends Closing of Non-Brokered Private Placement

Executive Summary

• Paradigm Gold Corp. extended its non‑brokered private placement by 30 days, authorizing issuance of up to 9 M units for a total gross proceeds target of $1.05 M.
• The offering consists of 6 M flow‑through units at $0.125 each and 3 M non‑flow‑through units at $0.10 each; each unit includes a common share (or flow‑through share) plus half a warrant exercisable at $0.15 for three years.
• Net proceeds will fund the 2025 exploration program on the 100% owned Swift‑Katie Cu‑Au project in British Columbia and provide working capital.

Key Details

• Offering Structure:
• Up to 6,000,000 FT Units @ $0.125 per unit → $750,000 gross proceeds.
• Up to 3,000,000 NFT Units @ $0.10 per unit → $300,000 gross proceeds.

• Total authorized units: 9,000,000; total gross proceeds target: $1,050,000.

• Unit Composition:

• FT Unit = 1 flow‑through common share + ½ warrant (full warrant = two half‑warrants).

• NFT Unit = 1 non‑flow‑through common share + ½ warrant.

• Warrant Terms:

• Exercise price: $0.15 per share.

• exercisable for three years from issuance date.

• Securities Restrictions:

• Hold period of four months and one day from issuance.

• Subject to TSX Venture Exchange acceptance; finders’ fees and commissions may be paid by the Company.

• Use of Proceeds:

• Fund exploration program on Swift‑Katie project (five priority targets over a 2,500 m strike).

• Provide working capital for general corporate purposes.

• Swift‑Katie Project Overview:

• 100% owned; located ~7 km SW of Salmo, BC; 19 MTO & Legacy claims covering ≈8,797 ha.

• Contains two claim groups: Katie copper‑gold‑silver porphyry deposit (analogue to Copper Mountain Mine) and Swift gold target (analogue to Rossland gold veins).

• Historical Exploration Highlights (for context):

• 2017 drilling on Swift Gold target: 2.5 m @ 11.5 g/t Au & 6.7 g/t Ag (hole SK17‑015); 8.6 m @ 3.1 g/t Au & 2.0 g/t Ag (hole SK17‑019).
• Trenching: 2 m averaging 100.1 g/t Au.

• Katie target historic drilling: 101.5 m @ 0.19 % Cu & 0.12 g/t Au (VKT08‑069); 64 m @ 0.16 % Cu & 0.29 g/t Au (VKT08‑071).

• Qualified Person:

• Robert Macdonald, MSc. P.Geo., Exploration Manager – responsible for technical information and approved the release.

Notable Quotes

“The extension of our private placement provides us with the necessary capital to advance a robust exploration program on Swift‑Katie, positioning Paradigm for potential significant mineral discoveries.” – John Kerr, President, Paradigm Gold Corporation