Paradigm Gold Closes First Tranche and Extends Closing of Non-Brokered Private Placement

Executive Summary

• Paradigm Gold received TSX Venture Exchange approval to extend the closing of its non‑brokered private placement by 30 days, targeting up to $1.05 M in gross proceeds.
• The first tranche of the placement has closed, raising $150,000 from 1.5 M non‑flow‑through units.
• The remaining offering consists of up to 6 M flow‑through units at $0.125 each and up to 3 M non‑flow‑through units at $0.10 each, intended to fund the Swift‑Katie Cu‑Au exploration program and working capital.

Key Details

• Extension Approval: Exchange consent obtained to extend closing deadline by 30 days.
• First Tranche Closed:
• Units issued: 1,500,000 non‑flow‑through units
• Gross proceeds: $150,000
• Remaining Offering Structure:
• Flow‑through Units (FT): up to 6,000,000 @ $0.125 / unit → $750,000 gross proceeds
• Non‑flow‑through Units (NFT): up to 3,000,000 @ $0.10 / unit → $300,000 gross proceeds
• Unit Composition:
• FT Unit = 1 flow‑through common share + ½ share purchase warrant
• NFT Unit = 1 non‑flow‑through common share + ½ share purchase warrant
• Warrant Terms: Each warrant exercisable for one non‑flow‑through common share at $0.15, valid for three years from issue.
• Hold Period: All securities issued in the first tranche subject to a hold period until 2026‑03‑13.
• Use of Proceeds: Fund exploration on the 100 % owned Swift‑Katie gold/copper project (five priority targets over a 2,500 m strike) and provide working capital.
• Project Overview – Swift‑Katie:
• Location: 7 km SW of Salmo, BC; 8,797 ha land package (19 MTO & Legacy claims).
• Targets: Swift Gold target (historical high‑grade intercepts) and Katie Cu‑Au target.
• Historical Drill Highlights (2017 – Swift Gold):
• Hole SK17‑015: 2.5 m @ 11.5 g/t Au, 6.7 g/t Ag
• Hole SK17‑019: 8.6 m @ 3.1 g/t Au, 2.0 g/t Ag
• Historical Trench Highlight: 2 m averaging 100.1 g/t Au on Swift target (informational only).
• Katie Target Historical Drill Highlights:
• Hole VKT08‑069: 101.5 m @ 0.19 % Cu, 0.12 g/t Au
• Hole VKT08‑071: 64 m @ 0.16 % Cu, 0.29 g/t Au
• Finders’ Fees & Commissions: May be paid by the Company in connection with the offering.
• Regulatory Note: Offering and any finders’ fees subject to TSX Venture Exchange acceptance; securities not registered under U.S. securities laws.

Notable Quotes

• John Kerr, President: “The additional capital will enable us to advance our exploration program on the high‑potential Swift‑Katie property while maintaining a strong balance sheet.”