Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

QRO.V ·

Quadro Closes $700,000 Financing

Financings

QUADRO CLOSES $700,000 FINANCING

Vancouver, B.C., August 17, 2026. Quadro Resources Ltd. (“Quadro” or the “Company”) ( TSXV:

QRO; FSE: G4O) announces that, further to its May 13, 2026, June 23, 2026, and July 31, 2026 news

releases it has closed its $700,000 non-brokered private placement financing (the “Financing”).

The Company has issued 14,000,000 $0.05 Units, each Unit consisting of one common share of the

Company and one common share purchase warrant. Each warrant entitle s the holder to acquire one

additional common share of the Company at a price of $0. 10 for a period of 24 months from the date of

issuance.

In connection with the Financing to the Company will pay $41,300 in cash finders' fees and issue 826,000

non-transferrable broker warrants exercisable at $0. 10 per common share for a period of 24 months from

the date of issue. All securities issued pursuant to the Financing are subject to a four-month-plus-one-day

hold period.

The proceeds of the Offering are to be used for exploration expenditures, working capital, property

payments and general corporate purposes.

Qualified Person

Wayne Reid, P. Geo., VP Exploration for Quadro and a qualified person as defined in National Instrument

43-101, is responsible for this release and supervised the preparation of the information forming the basis

for this release.

About Quadro Resources – Quadro Resources Ltd. is a publicly traded mineral exploration company with

approximately 49 million shares outstanding, listed on the TSX Venture Exchange under the ticker symbol

“QRO.” The Company focuses on gold exploration in North America. Quadro owns a 49% interest in the

Staghorn property, while TRU Precious Metals Corp. holds 51%. Quadro maintains a 100% ownership in

its Long Lake property . Both properties are located along the Cape Ray Fault in Newfoundland and

Labrador.

On behalf of the board of directors,

Quadro Resources Ltd.

“T. Barry Coughlan”

President and CEO

Tel (604) 644-9561

[email protected]

"Neither the 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."

The information contained herein contains "forward-looking statements" within the meaning of applicable

securities legislation. Forward -looking statements relate to information that is based on assumptions of

management, forecasts of future results, and estimates of amounts not yet determinable. Any statements

that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events

or performance are not statements of historical fact and may be "forward -looking statements." Forward -

looking statements are subject to a variety of risks and uncertainties that could cause actual events or results

to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing

undue certainty to forward-looking statements. These forward-looking statements are made as of the date

hereof and the Company does not assume any obligation to update or revise them to reflect new events or

circumstances. Actual events or results could differ materially from the Company's expectations or

projections.” For more information on the Company, interested parties should review the Company's filings

that are available at www.sedarplus.ca