Mr. Lawrence Page reports

NICKELEX ANNOUNCES NAME CHANGE TO PARADIGM GOLD CORPORATION AND SHARE CONSOLIDATION

Nickelex Resource Corp. will change its name to Paradigm Gold Corp., pursuant to a resolution passed by directors on March 7, 2025. The board of directors has also approved a capital consolidation of the company's issued and outstanding common shares on a one-new-share-for-10-old-shares basis. On or about April 11, 2025, the company's shares will commence trading on a consolidated basis under the new name on the TSX Venture Exchange with a new symbol (PDQ) and new Cusip number (69902F100).

There are currently 90,203,230 common shares issued and outstanding, and upon completion of the consolidation, there will be approximately 9,020,308 common shares issued and outstanding. The company's management believes that the share consolidation will result in greater investor interest and improved trading liquidity, and will facilitate future financing of the company. The company will send shareholders a letter of transmittal when the share consolidation has taken effect, instructing shareholders to surrender the certificates evidencing their preconsolidation common shares for replacement certificates representing postconsolidation common shares. The consolidation and name change are subject to TSX-V approval.

We seek Safe Harbor.