Mr. T. Barry Coughlan reports

QUADRO CLOSES $700,000 FINANCING

Quadro Resources Ltd., further to its May 13, 2026, June 23, 2026, and July 31, 2026, news releases, has closed its $700,000 non-brokered private placement financing.

The company has issued 14 million five-cent units, with 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 10 cents for a period of 24 months from the date of issuance.

In connection with the financing to the company will pay $41,300 in cash finders' fees and issue 826,000 non-transferrable broker warrants, exercisable at 10 cents per common share for a period of 24 months from the date of issue. All securities issued pursuant to the financing are subject to a four-month-plus-one-day hold period.

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

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 49 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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