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Paradigm Gold (NKLXF) closed the second tranche of a non-brokered private placement on December 12, 2025, bringing total gross proceeds to $190,000 from issuance of 1,900,000 non-flow-through units at $0.10 per unit. Each NFT Unit includes one common share and one-half warrant; each whole warrant is exercisable at $0.15 for three years. The company paid $3,000 in finder’s fees and issued 30,000 finder warrants. Securities from the second tranche are subject to a hold period until April 12, 2026. Net proceeds will fund an exploration program on the 100% owned Swift-Katie gold/copper project (five priority targets over a 2,500m strike) and for working capital. The Offering is subject to TSX Venture Exchange acceptance.
Paradigm Gold (OTC: NKLXF) received a 5-year drill permit for the Swift Katie gold-copper property in southeast British Columbia, valid through December 31, 2030. Preparation is underway for drilling in early 2026 with an initial 2,000 m program focused on expanding gold mineralization at the Swift Target and offsetting mineralization near TR19 and SK17-019 (~1 km SW).
A surface program will further delineate known gold zones and generate new drill targets. The Katie porphyry target is also permitted where semi-continuous, strongly anomalous Cu-Au mineralization has been drilled over a 1.8 km cumulative strike. Prior highlights cited include 8.6 m of 3.1 g/t Au at Swift and 101.5 m of 0.19% Cu, 0.12 g/t Au (incl. 12.8 m of 0.43% Cu, 0.15 g/t Au) at Katie.
Paradigm Gold Corporation (TSXV: PDQ) held its annual general meeting on September 17, 2025, where shareholders approved all proposed resolutions. The company reappointed Smythe LLP as auditors and approved a rolling incentive stock option plan reserving 10% of issued shares.
The board reelected incumbent directors and reappointed key executives, with John Kerr as President and Lawrence Page as Chairman. The company's main asset is the 100% owned Swift-Katie Cu-Au project in Golden Arc, BC, which has received $3.5M in investment to date. The project has identified copper and gold targets across a 500m wide x 2,500m strike-length, with a Phase II surface and drill program planned for Q4 2025, subject to funding.
Paradigm Gold (TSXV: PDQ) has announced its upcoming Annual General Meeting (AGM) scheduled for September 17, 2025. The company acknowledges non-compliance with TSX Venture Exchange requirements due to the extended gap since their last AGM in December 2023.
The company highlighted its Swift-Katie Cu-Au project in Golden Arc, BC, which features year-round access and claims valid until 2027. With over $3.5M invested, they have identified permitted drill-ready copper and gold targets across a 500m wide x 2,500m strike-length. A Phase II surface and drill program is planned for Q3/Q4 2025, subject to funding.
Nickelex Resource (TSXV: NICK) has announced two significant corporate changes: a name change to Paradigm Gold and a 10:1 share consolidation. The changes will take effect around April 11, 2025, when the company will begin trading under the new symbol PDQ on the TSX Venture Exchange.
The share consolidation will reduce the current 90,203,230 outstanding common shares to approximately 9,020,308 shares. Management believes these changes will enhance investor interest, improve trading liquidity, and facilitate future financing opportunities. Shareholders will receive instructions to exchange their pre-consolidation share certificates for post-consolidation certificates once the changes take effect.
Nickelex Resource (TSXV: NICK) announces the appointment of Matt Anderson, CPA, CA, as Chief Financial Officer (CFO) and Jay Oness as Vice President, Corporate Development. Anderson brings extensive financial experience, while Oness has over 25 years of corporate development experience. The company expresses gratitude to former CFO Graham Thatcher and looks forward to new opportunities under the leadership of the new appointees.
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