File: '\\swfile\EmailIn\20240401 161638 Attachment 2024_04_01 Madoro NR - change of CFO.doc'

Suite 1450 - 789 West Pender Street, Vancouver, BC, Canada V6C 1H2

Tel.: (604) 681-1568, Fax: (604) 681-8240, TF: 1-877-377-6222

www.madorometals.com

TSXV: MDM | OTC: MSTXF

WKN: A2QQ1X

Madoro Metals Appoints New Chief Financial Officer

FOR RELEASE: APRIL 1, 2024

VANCOUVER, British Columbia - Madoro Metals Corp. ("Madoro" or the "Company") announces the appointment of David Cross as Chief Financial Officer of the Company, effective April 1, 2024.

Mr. Cross is a Chartered Professional Accountant ("CPA"), Certified General Accountant, and is a co-founder of Cross Davis & Company, a CPA firm that has focused on providing accounting and management services to publicly listed companies since 2010.

The Company wishes to thank Zara Kanji for her many years of service as Chief Financial Officer of the Company and wishes her all the best in her future endeavours.

About Madoro

Madoro Metals Corp. (MDM | TSX Venture Exchange; MSTXF | OTC) is an emerging resource company engaged in the evaluation, acquisition, and exploration of mineral properties in Mexico and Canada. Madoro also owns a 100% interest in the Cerro Minas Property in Oaxaca, Mexico and a 50% interest in the Ralleau mineral property in the Urban Barry District, Lebel-sur-Quevillon area of Quebec. For further information, investors and shareholders are invited to visit the Company's website at www.madorometals.com, call the office at 1-604-681-1568, toll free at 1-877-377-6222, or send an email to info@madorometals.com

ON BEHALF OF THE BOARD OF DIRECTORS

"DUSAN BERKA"

Dusan Berka, P. Eng., President & CEO

Neither 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.