Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Valterra Resource ( (TSE:PDQ) ) has shared an announcement.
Paradigm Gold Corporation plans to raise up to $1 million through a non-brokered private placement of up to seven million units, split between flow-through and non-flow-through structures, with attached warrants exercisable over three years. The net proceeds will fund working capital and a 2026 exploration program at its Swift-Katie project in British Columbia, with a focus on the Swift gold target where previous drilling returned multiple high-grade gold intercepts over a 1.75-kilometre strike length, underscoring the project’s potential to enhance Paradigm’s resource base and strategic position in the Golden Arc district.
More about Valterra Resource
Paradigm Gold Corporation is a Vancouver-based mineral exploration company focused on advancing its 100%-owned Swift-Katie copper-gold-silver project in British Columbia’s “Golden Arc” district. The project spans approximately 8,797 hectares near Salmo, B.C., and hosts the Katie copper-gold-silver porphyry deposit, considered analogous to Copper Mountain, as well as the Swift gold occurrences, which the company views as comparable to the historic Rossland Mining District in terms of geological style and potential scale.
Average Trading Volume: 5,972
Technical Sentiment Signal: Sell
Current Market Cap: C$1.21M
See more insights into PDQ stock on TipRanks’ Stock Analysis page.