Paradigm Gold Closes Non-Brokered Private Placement

Executive Summary

• Paradigm Gold Corporation closed the second tranche of its non‑brokered private placement, raising $40,000 in gross proceeds (total offering $190,000).
• Issued 400,000 non‑flow‑through units at $0.10 each; each unit includes one common share and a half‑share purchase warrant exercisable at $0.15 for three years.
• Net proceeds will fund the exploration program on the 100% owned Swift‑Katie gold/copper project and provide working capital.

Key Details

• Second Tranche: 400,000 NFT Units @ $0.10 per unit → gross proceeds $40,000.
• First Tranche (previously announced): 1,500,000 NFT Units → gross proceeds $150,000.
• Unit Composition: 1 non‑flow‑through common share + ½ share purchase warrant; each whole warrant allows purchase of one common share at $0.15 for three years from issue date.
• Finder’s Fees: $3,000 paid; 30,000 finder warrants issued (exercisable at $0.15 per share, three‑year term).
• Hold Period: All securities from the second tranche subject to a hold period until April 12, 2026.
• Use of Proceeds: Fund exploration costs on the Swift‑Katie project (five priority targets over 2,500 m strike) and general working capital.
• Regulatory: Offering and finder’s fee payment pending TSX Venture Exchange acceptance; securities not registered in the United States.

Notable Quotes

• “The net proceeds from this offering will enable us to advance our exploration program on the Swift‑Katie project, targeting high‑potential zones within the Golden Arc district.” – Lawrence Page, Chairman, Paradigm Gold Corporation.