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Quadro Resources Ltd (3)
Symbol QRO
Shares Issued 28,511,576
Close 2026-01-02 C$ 0.035
Market Cap C$ 997,905
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Quadro Resources talks use of financing proceeds

2026-01-06 13:33 ET - News Release

Subject: Quadro Resources news release PDF Document

File: Attachment QRONRJAN06.pdf

QUADRO PROVIDES UPDATES ON USE OF PROCEEDS FROM PRIVATE PLACEMENT FINANCING

Vancouver, B.C., January 6, 2026. Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV: QRO; FSE: G4O) further to its December 11, 2025 and November 21, 2025 news releases, the Company provides the following update in regards to its proposed use of proceeds from the Company's $0.035 private placement financing (the "Financing").

The Company intends to use the proceeds of the Financing for general working capital purposes ($175,129) and to fund its portion of the Quadro-TRU Precious Metals Corp. joint venture on the Staghorn property ($66,346).

Subject to approval from the TSX Venture Exchange (the "Exchange"), the Company will issue 7,214,286 units at a price of $0.035 per unit (the "Units"), each Unit consisting of one common share and one common share purchase warrant (the "Warrants"), each Warrant entitling the holder to purchase one additional common share of the Company at an exercise price of $0.06 per common share for a period of 24 months from the date of issue.

In connection with the Financing, and subject to Exchange approval, the Company will pay cash finders' fees totaling $11,025 and issue 315,000 non-transferable broker warrants, exercisable at $0.06 for 24 months, as permitted by the policies of the Exchange.

All securities issued pursuant to the Financing are subject to a 4-month plus 1 day hold.

About Quadro Resources Quadro Resources Ltd. is a publicly traded mineral exploration company with approximately 28.5 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 full ownership of the 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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