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Medaro Mining Corp (2)
Symbol MEDA
Shares Issued 13,523,283
Close 2025-01-02 C$ 0.145
Market Cap C$ 1,960,876
Recent Sedar Documents

Medaro investor McAulay acquires 1.58 million shares

2025-01-03 20:28 ET - News Release

Mr. Danny McAulay, an investor, reports

MR. DANNY MCAULAY ACQUIRES SECURITIES OF MEDARO MINING CORP.

Danny McAulay has filed an early warning report dated Jan. 3, 2025, advising that he has directly acquired ownership and control of 1,583,413 common shares of Medaro Mining Corp., effective Dec. 31, 2024.

The subject shares were acquired from treasury pursuant to a share-for-debt settlement and not through the facilities of any stock exchange. The subject shares represent approximately 11.71 per cent of all issued and outstanding common shares of the company as of Dec. 31, 2024, resulting in the acquiror holding a control percentage ownership in the company.

Immediately before the acquisition, the acquiror held no shares of the company. Immediately following completion of the acquisition, the acquiror held 1,583,413 shares, representing approximately 11.71 per cent of the total issued and outstanding shares of the company.

The holdings of securities of the company by the acquiror are managed for investment purposes, and the acquiror could increase or decrease his investment in the company at any time, or continue to maintain his current investment position, depending on market conditions or any other relevant factor.

Additional information

A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting Mr. McAulay, 6314 Edson Dr., Chilliwack, B.C., V2R 4C1, telephone at 604-209-1592.

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