Vancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Paradigm Gold Corporation (TSXV: PDQ) ("Paradigm" or the "Company") reported today that it plans to issue up to 7.0M units in non-brokered private placements for total gross proceeds of $1,000,000.

The Company will issue up to 5.0M units in a flow-through private placement at a price of $0.15 per unit ("FT Unit") to raise $750,000, and issue up to 2.0M units in a non-flow-through private placement at a price of $0.125 per unit ("NFT Unit") to raise $250,000 (combined, 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 this issuance. 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 for working capital and 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.

Swift-Katie Cu-Au Project, BC. 100% owned

The 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 of two claim groups underlying the Katie copper-gold-silver porphyry deposit, (similar to the producing Copper Mountain Mine at Princeton BC) and the Swift gold occurrences (possible analogue to nearby Rossland Mining District) (+2.7Mozs Au production).

Exploration in 2026 will focus primarily on the Swift gold target, where previous drilling by the company in 2017 returned multiple high-grade gold intercepts extending along the 1.75-kilometre strike length of the Swift mineralized zone, which remains largely untested and is open both laterally and at depth. Highlights from the Company's 2017 drilling include 2.5 metres of 11.5 g/t Au and 6.7 g/t Ag in hole SK17-015 from the TR19 area and 8.6 metres of 3.1 g/t Au and 2.0 g/t Ag in hole SK17-019 from the TR7 area located approximately 800metres along strike (see News Release dated September 7^th 2017).

Historic trench results from a third area along the Swift mineralized zone returned 2 metres averaging 100 g/t Au, outlining the potential for areas of increased gold grades elsewhere throughout the Swift structural corridor. The reader is cautioned that this trench result is historical in nature, it has not been independently verified by the company and is provided for information purposes only.

Property location Map

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This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

Robert Macdonald, MSc. P.Geo, is the Exploration Manager of Paradigm Gold Corporation and a Qualified Person as defined by National Instrument 43-101. He is responsible for the supervision of the exploration on the Swift-Katie project and for the preparation of technical information in this disclosure. He has approved the release of this news release.

On behalf of the Board of Directors,

"Lawrence Page"

Lawrence Page, Director/Chairman, Paradigm Gold Corporation

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements including but not limited to comments regarding the completion of the Offering and the proposed exploration program, the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for Paradigm Gold Corporation's projects, and the availability of financing for Paradigm Gold Corporation's projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Paradigm Gold Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

This news release is not intended for distribution to United States newswire services or dissemination in the United States

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