Cairo Announces Termination of Proposed Qualifying Transaction with Swarmio Inc.

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CAIRO RESOURCES INC.

1430-800 West Pender Street, Vancouver, BC V6C 2V6

Telephone: (604) 638-8063; Fax: (604) 648-8105

CAIRO ANNOUNCES TERMINATION OF PROPOSED

QUALIFYING TRANSACTION WITH SWARMIO INC.

Vancouver, B.C., April 7, 2020 – Cairo Resources In c. (TSX-V: QAI.H) (the “Company ” or “Cairo ”), a

Capital Pool Company listed on the NEX Board of the TSX Venture Exchange (the “ Exchange ”),

announces, further to its news release of October 1 , 2019, that given prevailing market conditions, it has

terminated the Amalgamation Agreement dated September 30, 2019 with Swarmio Inc.

About Cairo

The Company is a Capital Pool Company presently lis ted on the NEX board of the Exchange. The

Company currently has issued and outstanding 1,881, 473 common shares issued and outstanding and no

convertible securities.

For further information please contact Darryl Cardey at (604) 638-8063.

ON BEHALF OF THE BOARD

(signed) “ Darryl Cardey ”

Darryl Cardey

President and CEO

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the poli cies

of the Exchange) accepts responsibility for the adequacy or accuracy of this release.