23:00:52 EDT Fri 31 Jul 2026
Enter Symbol
or Name
USA
CA



Quadro Resources Ltd (3)
Symbol QRO
Shares Issued 35,725,862
Close 2026-07-28 C$ 0.045
Market Cap C$ 1,607,664
Recent Sedar+ Documents

Quadro Resources increases financing to $700,000

2026-07-31 17:07 ET - News Release

Subject: Quadro Resources PDF Document

File: Attachment QRONRJUL31.pdf

QUADRO FILES FOR FINAL APPROVAL OF UPSIZED $700,000 FINANCING

Vancouver, B.C., JULY 31, 2026. Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV: QRO; FSE: G4O) announces that, further to its May 13, 2026 and June 23, 2026 news releases it has increased the offering from $600,000 to $700,000 and filed documents with the TSX Venture Exchange (the "Exchange") seeking final approval for a non-brokered private placement financing through the issuance of 14,000,000 units (the "Units") at a price of $0.05 per Unit (the "Offering").

On receipt of Exchange approval the Company will issue 14,000,000 Units, each Unit consisting of one common share of the Company and one common share purchase warrant. Each warrant entitles 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 private placement, and subject to Exchange approval, the Company will pay $41,300 in cash finders' fees and issue 826,000 non-transfereable 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 Private Placement will be subject to a four-month hold period.

The proceeds of the Offering are to be used for exploration expenditures, working capital, property payments and general corporate purposes.

The Offering remains subject to Exchange approval. All securities issued pursuant to the Offering will be subject to a statutory hold period in accordance with applicable securities laws.

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 36 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 info@quadroresources.com

"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

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