Paradigm Gold Announces Non-Brokered Unit Private Placements

Core Viewpoint - Paradigm Gold Corporation plans to raise $1,000,000 through a non-brokered private placement by issuing up to 7.0 million units, which will be allocated to fund working capital and exploration activities on its Swift-Katie gold/copper project in British Columbia [1][3]. Group 1: Offering Details - The company will issue up to 5.0 million flow-through units at $0.15 each to raise $750,000 and up to 2.0 million non-flow-through units at $0.125 each to raise $250,000 [2]. - Each flow-through unit consists of one common share and one-half share purchase warrant, while each non-flow-through unit consists of one common share and one-half warrant [2]. - Warrants will be exercisable at $0.15 for three years from the date of issue, and the securities will be subject to a four-month hold period [2]. Group 2: Project Overview - The Swift-Katie project is located 7 kilometers southwest of Salmo, British Columbia, covering approximately 8,797 hectares and includes two claim groups with significant mineral potential [4]. - The project is strategically positioned with good access and infrastructure, allowing for year-round exploration [4]. Group 3: Exploration Focus - Exploration in 2026 will primarily target the Swift gold area, which has shown promising results from previous drilling, including high-grade gold intercepts [5]. - Notable drilling results from 2017 include 2.5 meters of 11.5 g/t Au and 6.7 g/t Ag, and 8.6 meters of 3.1 g/t Au and 2.0 g/t Ag [5]. - Historical trench results indicate potential for increased gold grades in the Swift structural corridor, although these results have not been independently verified [6].