Madoro Metals Successfully Executes on British Columbia Court Judgement
Suite 1450 – 789 West Pender Street, Vancouver, BC, Canada V6C 1H2
Tel.: (604) 681-1568, Fax: (604) 681-8240, TF: 1-877-377-6222
www.madorometals.com
TSXV: MDM | OTC: MSTXF
WKN: A2QQ1X
Madoro Metals Successfully Executes on British Columbia Court Judgement
FOR RELEASE: December 30, 2024
VANCOUVER, British Columbia – Madoro Metals Corp. (“Madoro” or the “Company”) is pleased to announce
that the Company has successfully executed on a judgement awarded by the Supreme Court of British Columbia
regarding several Mexican properties that Madoro had optioned. As per the Company’s Press Release dated
January 11, 2023, Madoro had filed a claim against the optionors for non -performance on agreements entered
into, along with associated damages and costs. In a verdict dated December 18, 2023, the Supreme Court of
British Columbia sided with Madoro on its claim and awarded the Company a judgement in the amount of
approximately $1.85 million.
Following the rendering of the Court’s decision, Madoro engaged the services of local court and bailiff services
authorities to execute on the judgement and has subsequently received approximately $1.70 million cash. In
addition, 6,000,000 Madoro shares valued at $150,000 were returned to treasury, which together with $1.7 0
million cash received represents the full satisfaction of amounts awarded by the Courts.
About Madoro
Madoro Metals Corp. (MDM | TSX Venture Exchange; MSTXF | OTC) is an emerging resource company
engaged in the evaluation, acquisition, and exploration of mineral properties in Mexico and Canada. Madoro owns
a 100% interest in the Cerro Minas Property in Oaxaca, Mexico , a 50% interest in the Ralleau mineral property in
the Urban Barry District, Lebel-sur-Quévillon area of Quebec, and an Option to acquire 100% interest in the First
Green Lithium Property located in the emerging Cadillac -Pontiac lithium camp in the Abitibi Témiscamingue
region, approximately 75 kilometres southwest of Val -d’Or, Québec . For further information, investors and
shareholders are invited to visit the Company’s website at www.madorometals.com, call the office at 1 -604-681-
1568, toll free at 1-877-377-6222, or send an email to [email protected]
ON BEHALF OF THE BOARD OF DIRECTORS
“BRIAN OSTROFF”
Brian Ostroff, Executive Chair & Director
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 contains certain "forward -looking statements" within the meaning of Canadian securities
legislation. Forward-looking statements are statements that are not historical facts, and by their nature, refer to
future events. The Company cautions that forward -looking statements are based on the beliefs, estimates and
opinions of the Company's management on the date the statements are made, and they involve a number of risks
and uncertainties.
There can be no assurance that such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward -looking statements. The Company disclaims any intention or obligation to update or revise
any forward -looking statements, whether as a result of new information, future events or otherwise, except as
required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review the Company’s
complete public disclosure record on SEDAR+ at www.sedarplus.ca.