Subject: Quadro Resources news release
PDF Document
File: Attachment 2026-08-17.pdf
QUADRO CLOSES $700,000 FINANCING
Vancouver, B.C., August 17, 2026. Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV:
QRO; FSE: G4O) announces that, further to its May 13, 2026, June 23, 2026, and July 31, 2026 news
releases it has closed its $700,000 non-brokered private placement financing (the "Financing").
The Company has issued 14,000,000 $0.05 Units, 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 $0.10 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 $0.10 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, P. Geo., VP Exploration for Quadro and a qualified person as defined in National Instrument
43-101, is responsible for this release and supervised the preparation of the information forming the basis
for this release.
About Quadro Resources Quadro Resources Ltd. 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% interest in the
Staghorn property, while TRU Precious Metals Corp. holds 51%. Quadro maintains a 100% ownership in
its 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
Word Document
File: '\\swfile\EmailIn\20260817 163216 Attachment 2026-08-17.docx'
QUADRO CLOSES $700,000 FINANCING
Vancouver, B.C., August 17, 2026. Quadro Resources Ltd. ("Quadro" or the "Company") (TSXV: QRO; FSE: G4O) announces that, further to its May 13, 2026, June 23, 2026, and July 31, 2026 news releases it has closed its $700,000 non-brokered private placement financing (the "Financing").
The Company has issued 14,000,000 $0.05 Units, 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 $0.10 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 $0.10 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, P. Geo., VP Exploration for Quadro and a qualified person as defined in National Instrument 43-101, is responsible for this release and supervised the preparation of the information forming the basis for this release.
About Quadro Resources - Quadro Resources Ltd. 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% interest in the Staghorn property, while TRU Precious Metals Corp. holds 51%. Quadro maintains a 100% ownership in its 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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