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Paradigm Gold Extends Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Paradigm Gold Corporation (TS...
About this update from Paradigm Gold Corporation
[{"type":"text","content":"Paradigm Gold Extends Closing of Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Paradigm Gold Corporation (TSXV: PDQ) (\"Paradigm\" or the \"Company\") has extended the closing of its previously announced non-brokered private placement for a period of 30 days. The Company plans to issue up to 9,000,000 units for total gross proceeds of $1,050,000.The Company will issue up to 6,000,000 flow-through units (\"FT Units\") at a price of $0.125 per FT Unit to raise $750,000, and issue up to 3,000,000 non-flow-through units (\"NFT Units\") at a price of $0.10 per NFT Unit to raise $300,000 (collectively, the \"Offering\"). Each FT Unit will consist of one flow-through common share and one-half share purchase warrant (each whole warrant, a \"Warrant\"). Each NFT Unit will consist of one non-flow-through common share and one-half Warrant. Each Warrant in the Offering will be exercisable to purchase one non-flow-through common share at an exercise price of $0.15 for a period of three years from the date of issue. Finders' fees and commissions may be paid by the Company in relation to the Offering. The securities issued under this Offering will be subject to a hold period of four months and one day from issuance. The Offering and payment of finder's fees is subject to TSX Venture Exchange acceptance.Net proceeds from the Offering will be used to fund costs associated with an exploration program on the 100% owned Swift-Katie, gold/copper project in the \"Golden Arc\" district in British Columbia, consisting of five priority targets identified over a 2,500m strike-length, as well as for working capital.Swift-Katie Cu-Au Project, BC. 100% ownedThe Swift-Katie project is located 7 kilometers southwest of Salmo, British Columbia, Canada, has excellent access via road and infrastructure, and benefits from a year-round exploration advantage. The large land package consists of 19 MTO and Legacy mineral claims totaling approximately 8,797 hectares, which comprises two claim groups underlying the Katie copper-gold-silver porphyry deposit (a possible analogue to the producing Copper Mountain Mine at Princeton, BC) and the Swift gold target (possible analogues to gold-veins in the nearby Rossland Mining District) (+2.7Mozs Au production).2025 Exploration will primarily focus on the Swift Gold target, w...