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QRO.V ·

Quadro Drops Tulks South Property

Corporate Updates

1400 – 1040 West Georgia Street — Vancouver, B.C. — V6E 4H1 — Tel (604) 644-9561

[email protected]

QUADRO DROPS TULKS SOUTH PROPERTY

Vancouver, B.C., April 23, 2024. Quadro Resources Ltd. (“Quadro” or the “Company”)

(TSXV: QRO, OTC Pink: QDROF, FSE: G4O) announces that, effective April 22, 2024, it has

withdrawn from the letter of intent with Buchans Minerals Corporation signed July 21, 2021, full

details of which are set out in the Company’s July 26, 2021 news release.

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

approximately 28.5 million shares issued and outstanding. The Company’s shares trade on the TSX

Venture Exchange under the symbol “QRO”. Quadro is focused on exploring for gold in North

America. It owns a 100% interest in the Staghorn property, which it has optioned to TRU Precious

Metals Corp.; and owns a 100% interest in the Long Lake property.

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.