Mr. T. Barry Coughlan reports

QUADRO FILES FOR APPROVAL OF $600,000 FINANCING

Quadro Resources Ltd., further to its May 13, 2026, news release, has filed documents with the TSX Venture Exchange, seeking conditional approval for a non-brokered private placement financing of up to $600,000 through the issuance of up to 12 million units at a price of five cents per unit.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at a price of 10 cents for a period of 12 months from the date of issuance.

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, PGeo, vice-president of exploration for Quadro and a qualified person as defined in National Instrument 43-101, is responsible for this news release and supervised the preparation of the information forming the basis for this news release.

About Quadro Resources Ltd.

Quadro Resources 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-per-cent interest in the Staghorn property, while Tru Precious Metals Corp. holds 51 per cent. Quadro maintains a 100-per-cent ownership in its Long Lake property. Both properties are located along the Cape Ray fault in Newfoundland and Labrador.

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