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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

Subject: Please immediately Disseminate the Attached EWR News Release for Danny McAulay. Thank you. PDF Document

File: Attachment 20250103_NR_EWR_Danny McAulay_MEDA.pdf

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

NEWS RELEASE MR. DANNY MCAULAY ACQUIRES SECURITIES OF MEDARO MINING CORP.

Vancouver, British Columbia, January 3, 2025 Mr. Danny McAulay ("the Acquiror") announces that he has filed an early warning report dated January 3, 2025, advising that he has directly acquired ownership and control of 1,583,413 common shares (the "Subject Shares") of Medaro Mining Corp. (the "Company") effective December 31, 2024 (the "Acquisition").

The Subject Shares were acquired from treasury pursuant to a shares for debt settlement ("Debt Settlement") and not through the facilities of any stock exchange. The Subject Shares represent approximately 11.71% of all issued and outstanding common shares of the Company ("Shares") as of December 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% 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 its investment in the Company at any time, or continue to maintain its 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. Danny McAulay, 6314 Edson Drive, Chilliwack, BC, V2R 4C1, PH: (604) 209-1592.

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